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CME: US Meat Exports Facing Significant Headwinds

2015-02-18 01:00:00| ThePigSite - Industry News

US - US meat exports are facing significant headwinds at this time, be this due to the sharp increase in the value of the US dollar, lower prices for competing meats in other countries and the slowdown strike in West Coast ports, write Steve Meyer and Len Steiner.

Tags: significant facing meat exports

 

CME: Cattle and Hog Futures Closed on a Positive Note

2015-02-17 01:00:00| ThePigSite - Industry News

US - Cattle and hog futures closed on a positive note on Friday but there is plenty of uncertainty about price direction in the short to medium term, write Steve Meyer and Len Steiner.

Tags: note positive closed cattle

 
 

CME: Hog Futures Rallied on Friday

2015-02-16 01:00:00| ThePigSite - Industry News

US - Hog futures rallied yesterday despite ongoing weakness in cash markets. The IA/MN lean hog carcass price (base price before discounts and premiums) was quoted last night at $57.66/cwt, down 75 cents compared to the previous day and down 24 per cent since the start of the year, write Steve Meyer and Len Steiner.

Tags: friday futures hog cme

 

CME: Labour Crisis Close to Resolution

2015-02-13 01:00:00| ThePigSite - Industry News

US - According to a Bloomberg report, the labor crisis currently gripping West Coast ports may be close to a resolution, with only one outstanding issue remaining before both sides reach a deal, write Steve Meyer and Len Steiner.

Tags: close resolution crisis labour

 

CME: Revisions Pork Forecasts

2015-02-12 01:00:00| ThePigSite - Industry News

US - The USDA has made significant revisions to its earlier forecasts for beef supply and pork exports, write Steve Meyer and Len Steiner. Below are some of the highlights:

Tags: forecasts revisions pork cme

 

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