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Jim Wyckoff's Wednesday Closing CME Grains: Rain Forecast Spooks Corn Bulls

2013-07-18 02:00:00| ThePigSite - Industry News

US - December corn futures closed down 8 3/4 cents at $5.02 Wednesday. Prices closed near the session low, writes Jim Wyckoff, grain analyst.

Tags: wednesday jim rain closing

 

CME: Near-record for Beef, Pork Prices; New Record for Composite Chicken Prices

2013-07-18 02:00:00| ThePigSite - Industry News

US - USDA estimates of retail meat and poultry prices for June, which were released on Monday, indicate a new record for the composite chicken series and near-record for three other key items, write Steve Meyer and Len Steiner.

Tags: record prices chicken composite

 
 

CME: Meat, Poultry Demand Strong Through May

2013-07-11 02:00:00| ThePigSite - Industry News

US - When it comes to the issue of meat and poultry demand these days, we are reminded of the old adage to not look a gift horse in the mouth. The gift horse, in this case, is demand itself which, by our measures appears strong through May, write Steve Meyer and Len Steiner.

Tags: strong demand meat poultry

 

CME: US Pork Exports in May Modestly Below Year Ago Levels

2013-07-09 02:00:00| ThePigSite - Industry News

US - Despite a number of challenges, US exports of red met and poultry were for the most part higher in May. Even pork exports, which declined sharply in the first four months of the year, were only modestly below year ago levels and clearly on an uptrend compared to 2012, write Steve Meyer and Len Steiner.

Tags: year ago levels exports

 

CME: Hog Market Futures Increasingly Jittery

2013-07-08 02:00:00| ThePigSite - Industry News

US - Hog futures market has become increasingly jittery as the pork cutout has declined some $5/cwt. from its peak on 25 June, write Steve Meyer and Len Steiner.

Tags: market increasingly futures hog

 

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