Download PDF The pork cutout was about a dollar higher on an average basis this week, but the negotiated cash hog markets were almost $2 higher. That compressed packer margins down to a little under $16/head. The lean hog futures were volatile this week and the most active Jun contract lost almost $7 on the …
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Download PDF The cash hog market continued to impress this week, with the WCB negotiated market rising $7.22 on a weekly average basis and the NDD market up $6.44. Unfortunately for packers, the cutout didnft keep up, with the weekly average almost unchanged from the week before. That dealt a significant blow to packer margins …
Download PDF The cash hog market moved higher again, with the NDD negotiated market gaining a whopping $6.37 on a weekly average basis. The cutout averaged $2.71 higher than last week at the same time. Packer margins were mostly unchanged at $25/hd, but should shrink next week as the big gains in the negotiated market …
no pdf Download PDF The pork cutout marched higher this week, adding a little over $4 from Friday to Friday. The negotiated market kept pace with the NDD market adding $4 also. That means packer margins remained intact¡ªnow near $27/hd. As long as the cutout is rising, I¡¯m guessing that packers won¡¯t mind similar gains …
no pdf Download PDF Last week I said that I was looking for the pork cutout to retreat modestly over the next two weeks. It didn¡¯t happen. On a weekly average basis, the cutout was up slightly ($0.20). What¡¯s more, the cutout actually improved as the week wore on, averaging $85 over Thursday and Friday. …
Download PDF Last week I said that we should watch the pork cutout this week for signs that it would buckle under the weight of large production. It didn¡¯t. The cutout added almost $3 this week (weekly average basis) and this happened on the heels of a 2.75 million head kill the week before. So, …
Download PDF Cash hogs were a little lower on the week, with the NDD negotiated market off $2.22 Friday-to-Friday. The WCB however, was up $0.72 this week. Ifve noticed that the regional hog prices and the national hog price have been really disjointed since the first of the year when USDA went to putting all …