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Market Outlook: Market News & Information

11/06/2009 01:32PM

Beef production for January-September was down 3.2 percent. The number of cattle slaughtered during this nine month period was down 4.2 percent. Therefore, cattle weights were one percent heavier than for this time in 2008.

11/06/2009 01:28PM

Pork production for January-September was down 1.5 percent from a year earlier. The number of hogs slaughtered was down 2.6 percent. Therefore hog weights were 1.1 pounds heavier this year than in 2008.

11/05/2009 01:18PM

Natural gas spot prices fell over the week at most market locations, declining on average 16 cents per million Btu (MMBtu). Decreases ranged between 2 cents and 77 cents per MMBtu. In the few trading locations where prices rose, increases were modest, ranging between 1 and 4 cents per MMBtu.

11/04/2009 01:11PM

The Energy Information Administration’s (EIA) U.S. Crude Oil, Natural Gas, and Natural Gas Liquids Proved Reserves, 2008 reports that proved reserves of crude oil fell by more than 10 percent in 2008, primarily because of low end-of-year prices used to estimate proved reserves, even though discoveries of crude oil rose for the third year in a row.

11/03/2009 03:25PM

The Southern US has been inundated with rain over the past two months. The Mississippi River corridor has been particularly hard hit by the excessive rains.
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