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Pork Commentary: Cash Hogs Rise

2015-04-28 02:00:00| ThePigSite - Industry News

GLOBAL - Week to week cash US hogs 53 -54 per cent lean, increased from 62.51? to 65?. A step in the right direction. May Lean Hogs were up 3.28(71.950), higher and we expect relentless price increases week upon week as market numbers decline along with hog weights. We expect summer lean hogs to reach near 2013 levels in the mid to high 90s, writes Jim Long President – CEO Genesus Inc.

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Pork Commentary: Hog Prices Poised to Go Higher

2015-04-14 02:00:00| ThePigSite - Industry News

CANADA - We expect from now into summer to see a relentless increase in Lean hog prices. Easter has passed and the subsequent short hog-marketing week is over. Packers will have full week activities until memorial weekend. Short weeks are never farmer’s price friends, writes Jim Long President – CEO Genesus Inc.

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Pork Commentary: US Price Expectations

2015-04-07 02:00:00| ThePigSite - Industry News

US - We sometimes wonder how we end up thinking as we do. It is as if we are in a different universe compared to other commentators. Last week we read after we wrote our commentary the expectations of others. Last week we estimated based on the USDA’s March 1 Hogs and Pigs Report, that lean hogs would be 89-98 lean in May-August of 2015, writes Jim Long President – CEO Genesus Inc.

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Commentary: US petrochemical producers face global crosswinds

2015-04-02 20:53:20| Chemicals - Topix.net

The US petrochemical industry is facing a challenge in 2015 and beyond as it deals with the new reality of low oil prices, the strong US dollar and weaker growth in China. The mood at the American Fuel & Petrochemical Manufacturers International Petrochemical Conference in San Antonio, Texas, US was relatively optimistic but bullishness was contained as the impact from oil prices was the number one point of discussion.

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