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CME: Improved Consumer Incomes Expected in Coming Months

2016-08-02 02:00:00| ThePigSite - Industry News

US - The Department of Commerce released its advance estimate on the performance of the US economy on Friday. The top-line number, Gross Domestic Product (GDP), was up 1.2 per cent from the prior quarter.

Tags: months coming expected consumer

 

CME: Lean Hog Future Break Sharply Lower

2016-07-29 02:00:00| ThePigSite - Industry News

US - Lean hog futures broke sharply lower yesterday as market participants reacted forcefully to some truly shocking developments in both pork and hog cash markets, write Steve Meyer and Len Steiner.

Tags: future lower break lean

 
 

CME: Pork in Cold Storage Down From Last Year

2016-07-27 02:00:00| ThePigSite - Industry News

US - The results of the latest USDA ‘Cold Storage’ report probably did not get as much attention as the feedlot survey but we think it perfectly encapsulates the current state of the US meat industry, write Steve Meyer and Len Steiner.

Tags: last year storage cold

 

CME: Hogs Post Record Slaughter Levels

2016-07-25 02:00:00| ThePigSite - Industry News

US - USDA-NASS has released its June monthly livestock slaughter numbers. Although USDA-AMS reported daily slaughter gives us a fairly clear picture of what monthly slaughter was before the monthly report comes out, the monthly numbers are helpful in terms of putting longer term trends in perspective, write Steve Meyer and Len Steiner.

Tags: post record levels slaughter

 

CME: US Sees Record First Half of 2016 for Meat Production

2016-07-20 02:00:00| ThePigSite - Industry News

US - Before getting into the topic of the day, we remind readers that USDA’s National Agricultural Statistics Service (NASS) has some important reports being released this week, write Steve Meyer and Len Steiner.

Tags: half record production meat

 

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