Dennis Smith
@denniscattle
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Commodity broker/livestock analyst for over 34 years. Publishes evening livestock wire followed widely by the industry. DM for a free trial.
Joined April 2013
Spain halts one third of pork exports due to African swine fever
nationalhogfarmer.com
Authorities believe contaminated food was likely brought into the country via humans.
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Last week saw huge volume of trade in heavy hams, largest of the entire year. Today the 640 report is another solid one showing 1000 loads for export including 312 loins, 153 loads of hams, 90 picnics, 73 butts, 71 loads of trim and 231 variety.
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Hogs and Pigs report appears 'friendly' for futures
nationalhogfarmer.com
Report not only confirmed no expansion but indicated further contraction; Minnesota saw a 10% decline in breeding numbers.
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Put out an APB for missing hogs
nationalhogfarmer.com
Feed costs are down around 8% versus this time last year and odds are high costs will move lower into harvest.
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The lean hog futures market is anticipating that both domestic demand and export demand will likely slow under these circumstances. https://t.co/mDNDXfaoOh
nationalhogfarmer.com
Pork producers should take the bearish signals from the futures market seriously.
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Cash hog top price paid yesterday up to $118.50, vs $116.75 reported yesterday. And Aug is lower?
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Everything is falling into place, slowly
nationalhogfarmer.com
There are two wildcards facing the hog market into summer.
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