A source of advanced information and market analysis focused on the development of pricing and risk management strategies for anyone in the business of buying or selling meat, or trading meat-related futures markets
Whether you're operating restaurants or supermarkets; a food distribution service; a processing or manufacturing facility; or an import/export trading company, you’re in a highly competitive business. Meat markets are volatile, and margins are often thin. A few pennies per pound can make enormous differences in your bottom line. In order to make the best possible decisions, it is essential to have the best possible information at your disposal.

Here are the excerpts from this week's "Meat Markets Under a Microscope" report, by Kevin Bost.

June 10, 2019

As an economist on the eternal quest for the Most Convenient Explanation of Things, I want to say that the reason why the pork cutout value has recently stalled is this: exports have not accelerated as rapidly as the spot market had discounted, and domestic demand has struggled to pick up the slack. And I’m sure that this is true to some extent; the statistics bear it out. But considering this past week’s giant production level, the pork market has actually held up rather well:
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Here are the excerpts from this week's "Trading Cattle...from a meat market perspective" report, by Kevin Bost.

june 2, 2019

I lost money holding the long August / short June cattle spread, but it wasn’t because the cash markets performed unexpectedly. Indeed, both are about where I had expected them to be on the first of June. My error was in thinking that in a downtrending cash cattle market, the front end of the board would lose ground to the back end, especially since the latter appears to be vastly undervalued. It turns out that not too many people share my opinion (about the board being underpriced, I mean)...not many at all, in view of the price action at the end of this past week.
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Here are the excerpts from this week's "Trading Hogs...from a meat market perspective" report, by Kevin Bost.

June 10, 2019

I was stopped out of my long position in the July contract on Friday, as the close below $83.55 was technically devastating and too weighty to ignore. It always stings to take a loss, but I guess I can take consolation in the fact that I adhered to the rules of good money management.
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