Chain speeds are ramping up but the growing backlog of hogs continues to pressure the market, says market analyst Dave Bauer of Provimi. In this episode, he dives into the latest market highlights and takes a look at what’s ahead.
Feedstuffs Grain & ingredient cash market comparisons, 5/27/2020
Feedstuffs Ingredient market prices, 5/27/2020
Feedstuffs Livestock & poultry cash market comparisons, 5/27/2020
Several factors may be contributing to rally in Class III futures prices.
Packers will have to run very hard through spring and summer to try to work through backlog.
Corn, soybean and wheat export inspections all down week-over-week.
Both corn and soybeans are getting in the ground much faster than a year ago.