Livestock Chinese Live Hog Price Decline Accelerates After Holiday The fall optimism that emerged mid-summer with respect to the return of students to schools and universities has been dashed by lackluster sales and oversupply. The recently concluded Harvest Moon Festival is normally a time of celebrations with family, and generally, it will rank in the top two or three annual events behind the traditional lunar new year’s celebrations. This time, however, prices have continued to fall at a steady pace, as domestic output and imports remained at historically high levels in August. August survey data from the Ministry of Agriculture and Rural Affairs (MARA) covering large commercial slaughterhouses sho...
Accountability and a comprehensive approach to export programming
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What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
Let’s return briefly to the fake meat hype cycle, now sitting somewhere in a dusty corner of your mind, not entirely forgotten. What happened to all those products, known as plant-based alternative proteins? They were supposed to be as good as real meat—cheaper, more environmentally...