Word: demanding
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...might assume that a swine flu scare would send prices up, as pigs are widely slaughtered and supply disappears. Egypt, for instance, has begun slaughtering more than 300,000 presumably healthy pigs as a precautionary measure. However, the futures market is pricing hogs as if the fall in demand will outpace the drop in supply. (Read "Swine Flu: Don't Blame...
...Lean Hogs futures market on the CME is certainly the most liquid and transparent market related to the pork industry, but it can be buffeted by things other than the demand for pork. As hog prices fall, for instance, producers might take on short positions as a hedge, essentially locking in a price for their pigs before the market collapses even further. By taking on that short position, though, they are adding to the downward pressure on hog prices...
...ultimately bad for consumers. According to Dave Ward and Perry Iverson of Commodity and Ingredient Hedging, LLC, a Chicago-based agricultural-risk-management consulting firm, if prices continue to fall over the coming weeks, there will be fewer pork producers next year - and less pork production, consequently. Assuming demand for pork recovers, this will lead to higher prices long-term...
...producers have already suffered tight margins for the past two years, according to Ward and Iverson. The price of feed skyrocketed amid a rally in the prices of agricultural products, up until the recent slump in demand for pork. For example, soybeans recently set their seven-month high in futures trading on the Chicago Board of Trade...
...meet the cost of raising the animals. The recent price fall could be realized as a $10 to $20 per head loss in the next 12 months, predict Ward and Iverson. Pork processors have already lowered their bids for pigs, given the great degree of uncertainty in predicting the demand for pork...