The Morning Hog Wallow

Free pork, beef & ag market data. USDA prices, CME futures, cutout, WASDE, COT and more. Best on desktop, mobile friendly views coming soon. No login needed.

[The Morning Hog Wallow @HogWallowAgData]

Can your consultant tell a backrib from a sparerib? Probably not. The Morning Hog Wallow is built by people who know the meat case, the packing plant and the pit. We work for the people who raise it and move it. And we give it away free. Big Ag's data vendors are thrilled.

https://t.co/442kavg24F

[unusual_whales @unusual_whales]

Trucking industry hit by string of bankruptcy filings as diesel costs surge, per FOX

[unusual_whales @unusual_whales]

BREAKING: The U.S. Treasury sold $22 billion in 30-year bonds at a high yield of 5.618%, marking the highest clearing yield for a 30-year auction since August 10, 2000

[The Morning Hog Wallow @HogWallowAgData]

@pemarchand Ouch.

[Gibson Shipbrokers @shippingenergy]

Here's a fact to drive home just how incredible the current tanker market is:

It is now cheaper to book a standard Falcon 9 launch ($74m) than it is to take a VLCC from the USG to the Far East (~$80m).

#OOTT #tankers

[zerohedge @zerohedge]

NatGas Rises As Forecasts Signal Looming "Arctic Blast" https://t.co/3jdZjwZvNL

[The Morning Hog Wallow @HogWallowAgData]

@KINGS1973 Steve, I added a dropdown in the chart to look at each area of CPI overlayed vs that timeframe. Very interesting. Check it out.

[The Morning Hog Wallow @HogWallowAgData]

@twodollarcorn @amandaa_fuller You can see them all here whenever you'd like. If you find the information beneficial, please consider sharing, reposting, etc.

The website is currently setup for desktop use. Here is the direct link to the chart above.
https://t.co/nN1bZVLDLi

[The Morning Hog Wallow @HogWallowAgData]

Don't feel like re-applying fractal math to commodity futures to identify institutional supply and demand levels? No problem. We did it for you.

[The Morning Hog Wallow @HogWallowAgData]

@amandaa_fuller Interesting demand zone forming on corn along with a bottom catcher signal. Hmmm.

[zerohedge @zerohedge]

The Petrodollar Could Break Soon - And Upend The Global Financial System https://t.co/c1qxRt4wtk

[zerohedge @zerohedge]

Trump Says Inflation Will Pay Off The $40 Trillion Debt "Very Rapidly" https://t.co/cB0TnJxIyn

[The Hormuz Letter @HormuzLetter]

BREAKING: Venezuela's Cardon Oil refinery, the country's second largest at 310,000 barrels per day, has just unexpectedly exploded and caught fire, forcing a full shutdown.

The fire started at a gas line connecting the refinery's diesel hydrotreater and halted the whole plant, including the boilers, eight sources told Reuters.

[The Morning Hog Wallow @HogWallowAgData]

@Grain_Cycles Thanks!

[The Morning Hog Wallow @HogWallowAgData]

Spooky.

[Steve N @KINGS1973]

During the runaway inflation of the 1970/80's it was my sense that inflation was the solution to the Fed Debt that had built up in the previous 15-20 years. The first big Social Sec retirees wave was hitting. The Fed Gov will try inflate it's way out of Debt again it seems?

[The Morning Hog Wallow @HogWallowAgData]

@Grain_Cycles Dale, those are nominal. Have you looked at the inflation-adjusted charts? They're less shocking.

[The Morning Hog Wallow @HogWallowAgData]

@inandouttoomuch @KINGS1973 It’s the feedback we are looking for. A needed improvement. Keep it coming! Thanks man.

[The Morning Hog Wallow @HogWallowAgData]

Dale, this is a very thoughtful response. I have some questions that I would like your opinion on. Your chart shows the DXY and you note the persistent decline of the dollar through the 1970s, but are we not seeing a similar situation today with gold prices, BRICS / China's belt and road initiative moving away from the petro dollar and our poor bond market situation? All downhill since 8/15/1971.

How is the energy situation different from the late 1970? The United States and western governments got involved in Iran, the Shah was overthrown and eventually flown to the US for cancer treatments, and oil prices soared from supply shock. From what I hear now the straight could open tomorrow and it will take years for the supply chain to catch up. Talking down oil markets and the SPR won't fix it. The SPR is 12 days of consumption at current levels. A gnat on the elephants back.

Everything else I look at in the CPI calculations looks primed to pump while there is only a 23% chance of a Fed hike and the bond market is fighting Bessent. Buy assets or get left behind. It is clearly the plan to inflate our way out of interest payments on unsustainable debt or reprice gold (gold is the long-term release valve). This is apolitical, the spending never stops with any administration.

[The Morning Hog Wallow @HogWallowAgData]

Hey sir. Our news aggregation tool now has fact checkers against our 22 API connections and 75,000+ integrated data series. The 200+ news articles we summarize can sometimes pick up false information. Let us know if you find value or have feedback in the 34+ institutional grade tools we are giving out for free to further the Ag community. Cheers!

[The Morning Hog Wallow @HogWallowAgData]

Was the western cornbelt really that dry in 2012?

[unusual_whales @unusual_whales]

US mortgage applications have hit the lowest level since 1995, per YF