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CME: Cash Hog Price Decline Continues

2016-07-18 02:00:00| ThePigSite - Industry News

US - Cash hog prices continue to decline and this has added to jitters in the pork complex about the outlook for hog values as we go into the fall and early winter months. The IA/MN base price last night closed at $74/30, down $1.36 from the previous close and now down $4.35 compared to just two weeks ago, write Steve Meyer and Len Steiner.

Tags: price cash continues decline

 

Hog Outlook: Pork Retail Price Down From May

2016-07-18 02:00:00| ThePigSite - Industry News

US - The average retail price of pork during June was $3.77 per pound. That was 1.1 cents lower than in May, but 6.7 cents higher than in June 2015. June grocery store pork prices were the lowest since March, write Ron Plain and Scott Brown, Ag Economics, MU.

Tags: may price retail outlook

 
 

CME: Last Few Weeks Disappointing for US Hog Producers

2016-07-13 02:00:00| ThePigSite - Industry News

US - There are a few things worth noting in the markets this week, write Steve Meyer and Len Steiner.

Tags: us weeks producers disappointing

 

Hog Outlook: More Pork Coming to US from Europe, Less from Canada

2016-07-12 02:00:00| ThePigSite - Industry News

US - US pork imports totalled 90.2 million pounds during May. That is up 10.5 per cent compared to May 2015, write Ron Plain and Scott Brown, Ag Economics, MU.

Tags: canada coming europe outlook

 

Pork Commentary: Hog Market & Lacking Traction

2016-07-12 02:00:00| ThePigSite - Industry News

US - A few weeks ago summer hog futures were approaching 90¢. But just like the corn market which has seen a collapse of almost a $1.00 per bushel, the lean hog market has declined to near 80¢. Packer cut-outs are okay with USDA saying 89.48 (Fob plant).

Tags: market commentary lacking pork

 

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