CME Daily Features
US - The lack of growth in the broiler sector has supported pork and beef markets all this year but that support — or at least the degree of that support— may be coming to an end, writes Steve Meyer and Len Steiner.
US - Equity markets have been particularly volatile in recent days as market participants try to weigh the effect of weak growth in EU and China with the likelihood that the US Federal Reserve will keep rates low for much of 2015, write Steve Meyer and Len Steine.
US - The broiler industry has had to deal with some issues that negatively impacted the breeder flock but there are signs that the industry is taking steps to mitigate the issue, report Steve Meyer and Len Steiner.
US - Total supply of beef, pork and chicken in cold storage at the end of the month was 1.999 billion pounds, 11.9 per cent lower than a year ago and 7.7 per cent lower than the five year average, write Steve Meyer and Len Steiner.
US - Even as grain supplies in the US, and globally for that matter, are expected to increase significantly in the next 12 months, the amount of meat protein available to consumers will still be lower than what it was two years ago, write Steve Meyer and Len Steiner.
US - seventy four per cent of the US corn crop was rated in good/excellent condition, unchanged from the previous week and 20 points better than year ago and the five year average for this week, write Steve Meyer and Len Steiner.
US - US consumer-level meat and poultry demand remained strong in July. Total real per capita expenditures on beef, pork, chicken and turkey amounted to $44.62 in July, up from June’s $45.96 and 1.2 per cent higher than last July’s $44.08, write Steve Meyer and Len Steiner.
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