A celebration of the business goal of pork production: maximization of profits
When you earn a profit, you have created more tangible value than the cost of the scarce global resources used to create your final product.
Page 31 of articles about market-prices
FAO expects more balanced food markets, less price volatility
World meat production is anticipated to grow by 1.4 percent in 2013.
Rabobank: global pork industry has experienced a positive Q3
The Rabobank five-nation hog price index continued its upward trend, resulting in a peak of 162% in August, just below the last peak of 165% in August 2008.
Political policy, a source of price, cost and profit variability
Political decisions in the form of new laws, regulations, permitting requirements, etc. are extra-market forces which can cause market costs and revenues to swing significantly from the pathway set down by fundamental forces, like supply and demand.
United States: CME lean hogs alternative final settlement methodology
CME Group has informed the market of its inability to calculate the Lean Hog Index which is used to determine final settlement value of Lean Hog futures contracts due to the shutdown.
U.S. gov't shutdown forces Cargill, Smithfield to change hog pricing
USDA market prices have been suspended due to the government shutdown that began on Oct. 1.
European Union: the decline in pig slaughterings could be more pronounced in the second part of 2013
In the first six months of 2013, the number of pigs slaughtered was 1.1% lower than last year but thanks to a growth in average carcass weight, the production decreased by only 0.6%.
New section: Swine markets commentary
A new section has started in pig333. From now and monthly, international experts will offer us their points of view on the pork markets.
Understanding the market dynamics of feed ingredient costs
Understanding the market dynamics of feed ingredient costs is crucial not only to manage overall costs of production but to ensure effective strategies in purchasing, margin hedging, peak line of credit acquisition and liquidity or financial risk management.
Rabobank: markets set to improve, but later and with lower prices than earlier expected
In the European Union, the situation is forecast to remain difficult, with continuing pressure on consumer demand hampering market recovery despite lower supply and rising exports.
Philippines: pork prices high in Western Visayas due to low supply
The supply of swine meat in wet markets all over Western Visayas has dropped to alarming levels, the outcome of which is the high prices of pork.
China adds to pork reserves to stabilize prices
The Chinese government has started to purchase frozen pork and add it to reserves to stabilize prices.
Agricultural short-term market outlook: pigmeat production down in 2013
The Commission is publishing today its short-term market outlook for arable crop, meat and dairy markets in the EU. The EU pig meat production is expected to decline in 2013 (-2%).
FAO: Food Price Index remains unchanged in January
The FAO Meat Price Index averaged 176 in January, down marginally from December. Quotations of all meat categories were generally stable, although a slight weakening in poultry and pig meat prices was evident.
Poland: historical drop in its swine inventory
In December 2012, swine inventories totaled to 11.1 million head, a 15 percent drop in comparison to the same period of previous year.
France: the Autorité de la concurrence fines eight pork slaughterers and two professional bodies for several anticompetitive agreements
The main practice sanctioned was the concerted set up of the quantity of pigs bought by five major Breton slaughterers.