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Market Outlook

  • Top Market Outlook News

    Weekly Price Outlook: Pork PEDv losses not as large as expected

    According to Purdue University Extension economist Chris Hurt, the headline for the last USDA Hogs and Pigs report could have been PEDv Losses Not as Large as Expected. "A week later, spring and summer lean futures are down nearly $10 per hundredweight, or about 8 percent," Hurt said. "For the pork industry, the USDA's March Hogs and Pigs report was the most anticipated in decades.

    • 12:00 AM

    Weekly Price Outlook: USDA estimates reasonably close to expectations

    The USDA's much-anticipated estimates of March 1 grain stocks and 2014 planting intentions released today contained a few surprises but no major shocks. According to a University of Illinois agricultural economist, March 1 corn stocks and planting intentions are a bit smaller than the average trade guess. March 1 soybean stocks were almost equal to the average trade guess while planting intentions are slightly larger than expected.

    • Apr. 9, 2014