• Europe
    • Menu
    Feed markets Coronavirus (COVID-19) Market Trends

    US meat-packing industry recovering, but US-China relations deteriorating

    The beleaguered pork industry is working to recover from the severe damage inflicted by the COVID-19 pandemic that not only sapped global demand but also put major constraints on processing market-ready pigs.
    calendar icon 15 May 2020
    clock icon 5 minute read
    By: Jim Wyckoff
    North America
    Asia
    Bears regain downside momentum the past week, and a drop below chart support at $55.00 would suggest retest of the April low, or below
    Bears regain downside momentum the past week, and a drop below chart support at $55.00 would suggest retest of the April low, or below

    Bulls need to step up and show power very soon. © Jim Wyckoff

    Corn bears have overall technical advantage but recent sideways trading begins to suggest a market bottom is in place
    Corn bears have overall technical advantage but recent sideways trading begins to suggest a market bottom is in place

    © Jim Wyckoff

    Prices in overall downtrend. Bears still in firm control. More sideways trading in near term would suggest market bottom in place
    Prices in overall downtrend. Bears still in firm control. More sideways trading in near term would suggest market bottom in place

    © Jim Wyckoff

    Our Partners

    Lallemand Lanxess Hamlet Protein Thermo Fisher Scientific Axcentive

    Jim Wyckoff

    More from this author

    More News

    View all

    Argentina bug invasion knocks $1.3 billion off corn crop

    Market Trends Feed markets
    calendar icon 19 April 2024
    clock icon 1 minute read

    Lean hog futures end narrowly mixed - CME

    Market Trends Markets and economics
    calendar icon 19 April 2024
    clock icon 2 minute read
    Live cattle end higher ahead of monthly USDA data

    Live hog futures end mixed - CME

    Market Trends Markets and economics
    calendar icon 18 April 2024
    clock icon 2 minute read
    Live cattle futures end lower

    Our Partners

    Lallemand Lanxess Hamlet Protein Thermo Fisher Scientific Axcentive
    No Advert Set
    © 2000 - 2024 - Global Ag Media. All Rights Reserved | No part of this site may be reproduced without permission.
  • Our Sites