Hog Futures Slump Following Reports of Processing Bottlenecks
“Slaughter data for the last few days appears to support this,” said Len Steiner, president of Steiner Consulting, in the Daily Livestock Report on Wednesday. “Last night
“Slaughter data for the last few days appears to support this,” said Len Steiner, president of Steiner Consulting, in the Daily Livestock Report on Wednesday. “Last night
…”We’re just not processing cattle fast enough. Some of the supply chain bottle necks that have affected the cattle market up to this point, they
…”Part of the equation into sow slaughter are sow prices,” said Len Steiner of Steiner Consulting Group…
“…The US are continuing to have trouble securing beef imports, as reported by the Steiner Consulting Group this week…”
…”It’s telling what their current supply situation is with regard to pork. They may not be big buyers in the first half of next year,”
…”COVID and structural issues are clearly at play here, with more baby boomers retiring early and some workers moving away from customer facing jobs,” says
…”The High River plant is one of the largest North American cattle processing facilities and it accounts for around 35% of all Canadian cattle processing
“…the Steiner Consulting Group out of the US reporting imports of Australian lamb being up 73% year-on-year in the four weeks to October 16…”
…“Export demand in September was excellent,” Steiner said…
…“The ability of cow processors to slaughter more cows this year contrasts with what we have seen at fed cattle plants,” says Altin Kalo…
“Its stuck in neutral for a bit, without any movement,” he said. “Until we get the front-end supply current, we’re just going to spin our
…“Imported beef is not uniform. Most of the product coming from Oceania is lean grinding beef and a good portion of South American and Central