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CME: Summer Hog Futures Fail to Break $84 Mark

2016-06-01 02:00:00| ThePigSite - Industry News

US - Summer hog futures have sought to mount a rally twice in the last three months but failed to break past the $84 mark. It is not unusual for pork prices to move up into the summer, largely because of the seasonal pullback in pork supplies.

Tags: mark break summer fail

 

Hog Outlook: Hog Price Peak May Come Early

2016-05-31 02:00:00| ThePigSite - Industry News

US - The peak in hog prices may come early this year. Hog prices usually peak in early summer. Hog slaughter has been running under the level implied by the March Hogs & Pigs report, write Ron Plain and Scott Brown, Ag Economics, MU.

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Mexico Hog Market

2016-05-31 02:00:00| ThePigSite - Industry News

MEXICO - Mexico’s pork industry is projecting to expand a little bit further on international markets with a clear focus in Asia. With 1.4 million tons of pork production projected for 2016 (USDA projection), Mexico is still far to be self-sufficient. It is estimated that consumption of pork in Mexico would increase 3.3 per cent during 2016, to stand at 2.2 million tons (carcass). Since 2012 Mexico has expanded pork exports about 30 per cent (2012, 70,000 tons – 2015, 100,000 tons), writes Fernando Ortiz, Genesus Ibero-American Business Development .

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CME: Summer Hog Future Contract Down

2016-05-27 02:00:00| ThePigSite - Industry News

US - Fed cattle futures have been hit pretty hard in recent days, with the August contract down by almost 700 points (-6 per cent) in the last four trading sessions. Hog futures have not fared much better. The summer hog futures contracts (Jun, Jul, Aug) are down as much as 5 per cent from where they were trading in mid May, write Steve Meyer and Len Steiner.

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Minnesota hog producer among this years Siehl Prize laureates

2016-05-26 21:49:00| National Hog Farmer

Source: University of Minnesota Minnesota hog producer-leader Don Buhl named one of three Siehl Prize 2016 Laureates, an annual prize by the University of Minnesota that honors those who have made extraordinary contributions toward producing food and ending hunger. read more

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