More hogs are heading into the pipeline over the rest of this year and through most of 2016.
While the recent wet weather might have moved the corn and soybean markets up from a bearish tone, it might take more weather concerns to move to a bullish tone.
Iowa hog producers were profitable for the third time this year in May.
The wet weather across the Midwest is starting to seep into the bean and corn futures markets.
Pork exports increased in April, the first time any month has been higher than year-ago figures since June 2014. Scott Brown, Extension ag economist at the University of Missouri, says U.S. exports in April were up 10.9 percent from a year ago. The increase is due mainly to larger shipments …
The commodity markets are entering into a critical time period.
The perception that this year’s corn and soybean crops are off to a good start is keeping pressure on prices.
Improved pasture conditions in the Southern Plains have feedlots in the Midwest and other parts of the country scrambling for cattle.
Talk about corn or soybean prices needs to start with one basic fact right now, according to Karl Setzer, a market analyst for MaxYield Cooperative: We are in a full-blown weather market.
Last week’s ruling by the World Trade Organization regarding the U.S. mandatory Country of Origin Labeling (COOL) could result in retaliatory tariffs from Canada and Mexico.