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CME: WASDE Provided USDA’s Final 2014 Crop Estimates

2015-01-15 01:00:00| ThePigSite - Industry News

US - A quick note on Monday’s record-high FI hog slaughter: It really wasn’t all on Monday. USDA’s estimate for Monday was a record high daily total of 455,000 head, write Steve Meyer and Len Steiner.

Tags: provided final estimates crop

 

CME: Will Good Pork, Beef Demand Remain in 2015?

2015-01-14 01:00:00| ThePigSite - Industry News

US - A major wild card for meat and livestock markets in 2015 will be demand. More specifically, the question will be whether the robust demand of the past two years will remain in place and to what degree, write Steve Meyer and Len Steiner.

Tags: good remain demand beef

 
 

CME: Meat Export Pace Slowing

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

US - Export data for November, released by USDA on January 7, confirmed what many in the industry already knew—the pace of meat exports has slowed down and it is now tracking below year ago levels, write Steve Meyer and Len Steiner.

Tags: export pace meat slowing

 

CME: Minor Revisions Expected in WASDE Report

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

US - Analysts polled ahead of the release of the USDA WASDE report (Jan 12) expect only minor revisions to the supply/demand tables for major grain crops, write Steve Meyer and Len Steiner.

Tags: report expected minor revisions

 

CME: Price Slump Continues to Pressure Lean Hog Futures

2015-01-08 01:00:00| ThePigSite - Industry News

US - Lean hog futures continue to be pressured lower by slumping wholesale pork prices and a realisation that higher hog numbers and heavier weights will keep the market well supplied into the spring, write Steve Meyer and Len Steiner.

Tags: price pressure continues futures

 

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