FEEDSTUFFS PRECISION PORK Market Report – August 13
What’s ahead in terms of feed costs? If this week’s USDA report is any indication, the price of corn will be rising.
August 13, 2021
What’s ahead in terms of feed costs? If this week’s USDA report is any indication, the price of corn will be rising.
In this episode of Feedstuffs Precision Pork, Dave Bauer, senior market analyst for Provimi, offers some hog market perspective and market highlights for the week as well as provides things to think about in the week ahead.
USDA may have reported corn yields would drop 5 bu./acre this season but how likely is that really? Bauer shares his thoughts. What about beans? He digs into that too.
Pork exports were down from the week prior and for the four-week average. Profitability on hogs is heading downward, with breakeven expected in December to January period before regaining some strength thereafter.
These are uncertain times, and it will pay dividends to be well-prepared. If you have questions on this week’s recap or want to discuss something not covered, feel free to ASK DAVE at [email protected]
Plan today for tomorrow’s success.
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