Wednesday morning news concerning the hog and pork complex didn’t seem particularly supportive, since both cash and wholesale quotes were down somewhat. The fact that the morning direct market quotes aren’t very reliable, probably reduced their influence, but late-morning news that heavy hams were called steady-to three cents lower was not friendly. The intra-day reversal suffered by live cattle futures probably weighed on the swine market as well. Projections for a substantial drop by the CME index seemed likely to depress Chicago prices as well. The fact that the nearby contracts had risen slightly in the face of these factors was impressive. Wire service sources cited expectations for tightening supplies in the New Year for the rise. February hogs rose 0.10 cents to 84.25 and June was up 0.10 at 99.15.
Corn futures extend losses from WASDE report at midday
- Vilsack: Farm Bill, budget expand opportunity in rural America
- Crop marekts set back from early-Friday highs
- Crop markets surged again Thursday night
- Accelerated Genetics sets Leadership Conference
- Yogurt nominated as New York’s ‘state snack’
- 6 of California’s Top 10 counties saw 2013 milk output declines
- “Ag-gag” laws in the news
- Conventional agriculture winning some, losing some in culture war
- Can genomics, OPU and IVF take the industry to the 'next level?'
- Preventing roof collapses from snow on agricultural buildings
- Monsanto opens search for 2014 "Farm Mom of the Year"
- School breakfasts celebrated from coast to coast
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