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US Agricultural Trade Forecast Down but Still Record

2013-05-31 02:00:00| ThePigSite - Industry News

US - US agricultural exports for the current financial year are forecast to be £2.5 billion lower than the forecast issued in February.

Tags: still record trade agricultural

Hogs at $90 and Still No Profits?

2013-05-28 17:28:00| National Hog Farmer

By Mark Greenwood, AgStar Financial Services, ACA, Mankato, MN It has been a tough run for the swine industry so far in 2013. We have seen a nice increase in the cash market: up to $90/cwt., carcass, pushing per-head revenue close to $185. Problem is we have seen breakeven prices on closeouts near $185/head sometimes higher. Feed costs are the culprit. Average feed costs for a wean-to-finish operation are between $105-$110/head. Those of us who have been involved in the swine industry for quite some time (prior to 2007) can remember that range being the total cost of production. And there doesnt appear to be any relief in sight for the remainder of 2013. Profits will be hard to come by, mainly due to these high feed prices. read more

Tags: no still profits hogs

Cause of Mayflower Exxon-Mobil Oil Spill Still a Mystery

2013-05-27 11:11:24| Chemicals - Topix.net

It's been almost two months and Exxon-Mobil still hasn't released a reason why a portion of its 850-mile Pegasus pipeline in March ruptured and spilled more than 200,000 gallons of crude oil into a Mayflower neighborhood and its surrounding area.

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Bezos: Forget profits for now; we're still spending

2013-05-23 19:37:42| CNET News.com

The online giant's chief executive lists more than a dozen areas where the company is pumping its money, suggesting continued pressure on profit margins as it continues to seek new markets. [Read more]

Tags: still forget spending profits