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CME: No Big Surprises in Pork Exports

2016-04-29 02:00:00| ThePigSite - Industry News

US - A few quick market notes following the action in both cattle and hog futures yesterday, write Steve Meyer and Len Steiner.

Tags: big exports pork surprises

 

CME: Lean Hog Carcass Price Still Close to Early March Level

2016-04-27 02:00:00| ThePigSite - Industry News

US - There is some hand wringing in the pork complex at this time, especially with the lean hog carcass still priced within a couple of cents of where it was in early March. Some of the uncertainty was evident in futures trading yesterday, with the June contract at one point down by 125 points before rebounding and closing down 37, write Steve Meyer and Len Steiner.

Tags: price level close march

 
 

CME: Pork in Cold Storage Down in March

2016-04-26 02:00:00| ThePigSite - Industry News

US - The supply of beef, pork and poultry in cold storage at the end of March was 2.235 billion pounds, 0.7 per cent lower than a year ago and 1.2 per cent lower than the previous month, write CME analysts Steve Meyer and Len Steiner.

Tags: in march storage cold

 

CME: Pork Retail Prices Lower than Last Year

2016-04-20 02:00:00| ThePigSite - Industry News

US - USDA-ERS published March’s average retail price data on 15 April. These values provide an estimate for average retail prices for pork, turkey, broilers, and beef, write Steve Meyer and Len Steiner.

Tags: year prices lower retail

 

CME: Hog Cash Market Trending Sideways

2016-04-19 02:00:00| ThePigSite - Industry News

US - Cash prices in the hog market have been trading for the most part sideways since February (see chart). Prices gained ground quickly from the January low, in part because we started from a very low base, write Steve Meyer and Len Steiner.

Tags: market cash hog cme

 

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