Livestock Live Hog Price Sees Modest Increase in Last Full Week of March The national average live hog price through the week ending 26 March rose slightly by .8 percent to RMB 27.46/kg ($4.18/kg) or RMB 12.45/lb. ($1.90/lb.). Meanwhile, the Dalian live hog futures contracts have seen some sizable swings over the past couple of weeks. The last full week of March saw the September 2021 contract fall by RMB 1,210/MT ($184.26/MT) or 4.3 percent to close at RMB 27,215/MT ($4,144.52/MT). The November 2021 contract also saw a significant drop of RMB 935/MT ($142.39/MT) or 3.4 percent to close at RMB 26,365/MT ($4,015.08/MT). Through the end of last week, all three contracts saw a modest correction. The September 2021 contract was up by RMB 310/...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
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