The present breeding size of live pig is to be further falling …..

Travelling this week and next so my report may be a tad shorter than usual – I was in Ireland this week both the Republic and the North and then the UK – travelling with Mr.”Cheap Suit” from Washington or Mr. “Costume Pas Cher” in French – actually it sounds better in French. He did dare me to say this in my weekly report – so I did. All prices in the US moved a little higher this week – corn prices were up by about USD 4 or 5 m/t, soybeans up by close.........please click PDF to see more details

Ah the USDA WASDE Report – most of the comments from the trade say that this month’s report was a nothing report or at least it certainly wasn’t a bullish report as had been expected by some in the trade. US corn ending stocks are higher per WASDE due to lower exports...........please click PDF to see more details

Corn prices were lower this week – down by about USD 5 m/t. An improvement in Brazil weather is said to have been one of the main factors along with the weakness seen in wheat prices. Some of the trade reports at the end of the week were saying that corn prices should be moving higher not lower and that the current slump could be short lived. Corn export prices were feeling the effect of the continued problems in the Ohio and Mississippi rivers which had pushed CIF Nola prices higher. Hopefully the river system problem will be solved in a week or two........please click PDF to see more details