Colosseum a.s. (Colosseum a.s.)
Commodities  |  January 30, 2013 13:14:28

Demand for pork from the U.S. grows

ColosseumThe growth rates recorded in connection with signs of higher export demand most active futures contract on the stock market pork halves Chicago Mercantile Exchange. According to government data, it was from the United States during the 11 months ended November 30 exported 4.96 billion pounds (2.25 million metric tons) of pork. This figure represents an increase compared to the previous year by 5.6%. U.S. Meat Export Federation expects pork exports this year will reach a record volume. The wholesale price of pork rose during the day on Monday in the U.S. to the level sedmitýdenního maximum. Futures on pork halves with delivery date in April strengthened during the previous day on the stock exchange CME 0.6% to the closing price of 89.625 cents per pound weight. Since the beginning of the futures contract mentioned have scored overall 4.5%.

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