You are currently browsing the Market Watch weblog archives for May, 2008.

Hog Prices A Miracle

Recent hog prices are a “miracle,” says Purdue University Extension marketing specialist Chris Hurt, who compares the high prices to an answered prayer.

Overall, the current futures forecasts say that producer losses will not be nearly as bad for the rest of this year as had been anticipated. But the markets also agree that it will [...]

Corn Crop Creates Uncertainty

Corn is responsible for most of the uncertainty in the market, and much of that is associated with the U.S. situation, according to University of Illinois Extension marketing specialist Darrel Good.

Late corn planting suggests that planted acreage may not significantly exceed producer intentions of only 86 million acres. Based on an analysis of trend yields [...]

Fewer Acres of Corn, Except in Pennsylvania

Farmers across the U.S. are expected to plant 8 percent fewer acres in corn this year than last, but Pennsylvania farmers will plant 1 percent more corn than last year, according to crops expert Greg Roth of Penn State’s College of Agricultural
Sciences.
We feed a lot of animals, and farmers here are especially sensitive to the [...]