Livestock China’s Live Hog and White Feather Broiler Markets Fall Further With China’s National Day holiday and Mid-Autumn Festival kicking off 1 October, hog and poultry producers have been pushing out inventories. In an effort to make-up for the shortages in 2019 and take advantage of a rapidly improving economic situation, meat processors have shifted into high gear. The massive sellout resulted in the national average live hog price falling last week by RMB 2.30/kg ($.34/kg) or RMB 1.04/lb. ($.15/lb.), a 6.5 percent decrease. Since its peak in July at RMB 38.20/kg ($5.61/kg) or RMB 17.33/lb. ($2.54/lb.), the national average price has fallen by 14 percent. Meanwhile, the ratio of the live hog price to feed grains fell by 6...
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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