Tuesday, October 27, 2020

Rabobank foresees rocky fall

Rabobank foresees a rocky fall season because of COVID-19, the failure in the United States to pass funding and the election next week.

It says beef-cattle prices are under pressure and that any hiccup could disrupt the return to normal in the hog sector.


Poultry production and processing have settled down to year-ago levels.


While the backlog of market cattle has been cleared, weights are still about 20 pounds heavier than a year ago, Rabobank researchers report.

Hog marketings are now current.