The product market has turned and the live hog prices are following them. Below is how the weekly product market changed for the week ending 7/28. *Product Price Monday 7/31 Price Friday 8/4 Net Change Loins 87.96 83.65 (4.31) Butts 88.22 88.55 .33 Picnic 63.60 60.68 (2.92) Rib 112.24 116.79 4.55 Ham 74.48 70.06… Read more.
The Swine Times
The product market has turned and the live hog prices are following them. Below is how the weekly product market changed for the week ending 7/28. *Product Price on Monday 7/24 Price as of Friday 7/28 Change Loin 90.52 85.97 (4.53) Butt 92.46 87.41 (5.05) Picnic … Read more.
Here is an abbreviated version of the weekly pork report. The full report will be back next week. Below is how the weekly product market changed for the week ending 7/21. *Product Price on Monday 7/17 Price as of Friday 7/21 Change Loin 95.88 92.69 (3.19) Butt 103.44 … Read more.
SWINE TIMES July 17, 2017 Below is how the product market started out and ended the week of 7/14. *Product Price on Monday 7/10 Price as of Friday 7/14 Change Loin 95.44 97.78 2.44 Butt 109.43 104.80 (.4.63) Picnic 68.43 69.42 (.99) Rib 131.60 119.57 (12.03) Ham 78.09 78.56 .47… Read more.
We will offer an analysis of the June Hog and Pig crop report that came out this past Thursday and what we believe it means to live hog futures going forward. First, let’s look at what happened with the live hog and product market this past week. Here is a summary of Pork Carcass cutout… Read more.
This week we will touch briefly on what happened in the pork product market, the live hog market and how this will likely play out this week.
After this past week we think it has become evident that the price of the live hog futures are having a very difficult time in keeping up with the ever increasing product market as well as with the live hog market.
In this week’s hog commentary we want to compare the projected pork primal price changes mentioned in last week’s newsletter with how the five primal cuts actually closed out this week. We projected the loins would be toppy. They closed out Friday 6/2 at 90.88 but finished the week ending 6/9 at 91.99. hardly weaker… Read more.
Hello everyone! Welcome to edition #1 of what we hope will be the first of a long line of the newest newsletter to come from Daniels Trading and Daniels Ag Marketing. It’s called The Swine Times, and it will be dedicated to helping folks speculate and form fundamental opinions in the Lean Hog markets. By… Read more.
The Trump administration wasted no time in working to talk down the US Dollar. Numerous officials (Mnuchin, Scaramucci, Pence) have all commented that the strong US Dollar hurts US competitiveness in global markets. In an interview with the Wall Street Journal, President Trump said “our currency is too strong. And it’s killing us.” Additionally the… Read more.