Armada Intelligence
Category archives for: Food

Ag Commodities Getting Crushed.

AG

It’s early in the year, but agricultural commodities are getting crushed as oversupply and weaker global demand start to weigh on prices. The S&P GSCI Indices show us the last 35 days and the YTD performance in the sector.   The top line agriculture segment is down 12.4% YTD and nearly 3% in just the […]

Should Keep an Eye on Corn. $

Corn plantings were estimated higher than expected, which impacted corn futures today. The USDA said that farmers would plant a five year low level of corn at 89.2 million acres. This was down from the 90.6 million acres planted in 2014, but higher than the 88.7 million that analysts had been looking for. Those in […]

Pork Prices Continue to Stay Lower.

Pork prices have moved from 4 year highs to 4 year lows in just about six months. Viruses early last year killed millions of small pigs, which pushed prices to ten year highs. But, most swine can quickly replenish their herd sizes when allowed to breed quickly, and that’s apparently what has happened in the […]

A Crop Report – For the Rest of Us. $

You know that farmers and Ag specialists watch the Ag report with regularity. We don’t, as a general rule, report it every month. But, there is a way that the “rest of us” can look at the Ag report and understand how it may or may not impact food prices – and ultimately consumer spending.

Meat Prices Should Start to Ease $

cattle rancher

We have begun to see the anticipated drop in live cattle prices (which would eventually lead to cheaper meat prices at stores). As we have written many times, the drought led to many ranchers liquidating their herds and reducing the number of head of cattle that they had to carry-over and feed over the winter. […]

Food Price Index Lowest Since 2010 $

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The FAO Food Price Index has now hit the lowest level since 2010. If you take a look at the FAO chart at right showing the last five years of the index, we can see that we have just crossed over to the lowest price levels for any year other than 2010. In fact, it […]

Ag Grain Prices drop, Meat Prices Jump $

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There is a huge disparity in the fortunes of the farming and rancher community this year. Because of a bumper harvest in the grain sector, YTD grain prices have been devastated. Wheat is down 16.7%, corn is off 20.5%, and soybeans are down 4.4%.

Raw Materials – Business Threats and Opportunities $

Wheat Field

Why We Shouldn’t be Worried about Farmers and Plummeting Corn Prices. There is a lot of concern out there about corn prices amid a bumper crop this year. Many believe that the price of producing corn could exceed the amount being paid for it this year. Corn harvests will be so abundant that much of […]

Newest Price to Stocks Ratio for Major Commodities $

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We like to go to the monthly crop outlook from the USDA to pull out just one figure – the price to stocks use ratio. It’s pretty simple stuff, the higher the percentage, the more supply will exceed demand. So, when we break it down by commodity, we get some interesting figures and changes over […]

A Beef Chart Needing Little Explanation $

beef chart

The accompanying chart in this story is from IndexMundi and it shows the daily price for beef. It really doesn’t need any explanation – beef prices are near or at all-time highs. We can jump directly to the implications of the graph. First impacts will come with all restaurants or those that have beef as […]

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