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CME: US Hog Slaughter Capacity to get Another Bump

2015-02-11 01:00:00| ThePigSite - Industry News

US - US hog slaughter capacity will get another bump when a former cattle plant in North Carolina is converted to handle sows, writes Steve Meyer and Len Steiner.

Tags: capacity bump slaughter hog

CME: Final US 2014 Meat Data Message Positive

2015-02-09 01:00:00| ThePigSite - Industry News

US - The final data for US meat and poultry exports are in for 2014 and the message is still positive with export values up sharply and export volumes staying remarkably steady in light of much higher domestic prices and the appreciating dollar, write Steve Meyer and Len Steiner.

Tags: data message final positive

CME Group to close most Chicago, New York open outcry futures trading

2015-02-05 22:23:00| National Hog Farmer

Source: CME Group The CME Group has announced that it will close most of its futures trading pits in Chicago and New York by July 2, due to the fact that open outcry futures trading has fallen to just 1% of the company's total futures volume. read more

Tags: group york close open

CME: At What Point Must Relative Meat Prices Return to Normal

2015-02-04 01:00:00| ThePigSite - Industry News

US - Real GDP growth showed significantly on a quarter-to-quarter basis in Q4 2014. The quarter’s 2.6 per cent change from Q3 is sharply lower than the past two quarters in which GDP exceeded the prior quarter by 4.6 per cent and five per cent, respectively, writes Steve Meyer and Len Steiner.

Tags: to point return normal