tybs
Mystery in Just How Much U.S. Pork Is Going to China
U.S. pork exporters are getting quite a boost as a massive outbreak of African swine fever decimates hog herds in China. But just how big that boost may be is a bit of a mystery.
Two different U.S. agencies report on pork exports in different ways covering different time periods, and the findings can offer widely disparate results, analysts say. At the same time, a push by China’s buyers toward whole or half carcasses, rather than the individual cuts the data traditionally focuses on, may be skewing the findings.
“There’s been confusion in the industry on whether the data includes whole carcasses or not,’’ said Rich Nelson, chief strategist of brokerage Allendale Inc in Illinois, by phone. “This is a slightly incomplete data set we’re looking at each week, and there’s a delay in getting the full picture.’
The U.S. Department of Agriculture reports weekly on pork exports while the Commerce Department reports on a monthly basis. A recent comparison of the data showed a significant gap, said Brett Stuart, founding partner of Denver-based analytics firm Global AgriTrends.
Only 58% of the pork recorded monthly was reflected in the weekly data, he said. And when the China data is separated out, only 27% of exports were captured weekly.
“One of the problems is enforcement," Stuart said in a telephone interview. "USDA hasn’t really enforced the requirements.”
So far this year, China has purchased 163,825 metric tons of U.S. pork, up more than 700% from the same period in 2018, according to the USDA’s weekly data. In an emailed statement, the USDA’s Foreign Agriculture Service said it “is reviewing the export sales reporting requirements for pork and will provide clarification as soon as possible.”
The newest debate focuses on whether China is booking carcass orders of U.S. pork that aren’t adequately reflected in either report. “There are people concerned that the actual bookings and shipments are not being reported,’’ Stuart said. “With that not being in the news, prices could be artificially lower.”
Indeed, China’s largest-ever purchase of U.S. pork prompted a price surge last month while its cancellation of a smaller sale this week caused prices to drop.
https://www.bloomberg.com//news/articles/2019-05-18/there-s-a-mystery-in-just-how-much-u-s-pork-is-going-to-china?srnd=markets-vp
so you are still in that area….I had to leave it. The kicker was one sunday morning a prop went on sale across the street from where we lived and it was smaller and a complete POS and it started at $775k. Knew it was time. Things I miss but those do not outweigh the things I don't. 6 gens lived there-was last to leave, but I 'aint leaving the state- phuc 'dat
cold dead hands.
it's the way they collect the data-that issue still not corrected. we talked about this before about two months ago-spoke about the people who owned it and if they stuck around or not etc. if you are the same one.
>The whole I-5 corridor from San Diego to Bellingham is the leaky bowel of America.
Wish it were not that way but unfortunately….
Hard at times to hear the crap people spew, openly, bite tongue many times a day-but used to it.
Volcanic alert level raised for popular Mount Hakone resort area in Kanagawa
Authorities raised the volcanic alert level for Mount Hakone on Sunday — warning of a possible eruption — after increasing seismic activity was detected near the popular hot-spring resort area in Kanagawa Prefecture.
For the first time since 2015, the Meteorological Agency raised its alert level at the site to a 2 on the 5-point scale, meaning people have been barred from approaching the crater.
The agency said it decided to raise the level from 1 after the number of volcanic earthquakes increased to 45 on Saturday, compared with zero the previous day.
On Sunday, the number of quakes detected had hit 21 as of 9 a.m. The agency warned of a possible eruption and volcanic cinders as fumarolic activity has been intensifying in areas around Owakudani, a volcanic valley in the Hakone area about 80 kilometers southwest of Tokyo.
After the alert level was raised, the town of Hakone decided to restrict entry around the crater and close a road leading to the area.
The operator of the Hakone Ropeway also suspended its services running through Owakudani on Sunday.
In 2015, small eruptions occurred at the 1,438-meter mountain and the agency’s alert level was raised to 3, warning people not to approach a larger swath of area surrounding the volcano.
Prior to those small eruptions, geological evidence has suggested that the mountain last erupted between the late 12th and 13th centuries.
https://www.japantimes.co.jp/news/2019/05/19/national/volcanic-alert-level-raised-popular-mount-hakone-resort-area-kanagawa/
>>6533513 Volcanic alert level raised for popular Mount Hakone resort area in Kanagawa
>On Sunday, the number of quakes detected had hit 21 as of 9 a.m.
they do not do this sort of alert lightly imo
might want to have a looksee at this, lot's of history surrounding this area and many things habbened with the kanto quake.
The epicenter of the 1923 Great Kanto earthquake was deep beneath Izu ĹŚshima Island in Sagami Bay. It devastated Tokyo, the port city of Yokohama, surrounding prefectures of Chiba, Kanagawa, and Shizuoka, and caused widespread damage throughout the KantĹŤ region. The sea receded as much as 400 metres from the shore at Manazuru Point, and then rushed back towards the shore in a great wall of water which swamped Mitsuishi-shima. At Kamakura, the total death toll from earthquake, tsunami, and fire exceeded 2,000 victims. At Odawara, ninety percent of the buildings collapsed immediately, and subsequent fires burned the rubble along with anything else left standing.
Yokohama, Kawasaki and other major cities were heavily damaged by the U.S. bombing in 1945. Casualties amounted to more than several thousand. After the war, General Douglas MacArthur, the Supreme Commander of the Allied Powers for the Occupation of Japan, landed in Kanagawa, before moving to other areas. U.S. military bases still remain in Kanagawa, including Camp Zama (Army), Yokosuka Naval Base, Naval Air Station Atsugi (Navy).
https://en.wikipedia.org/wiki/Kanagawa_Prefecture#History
they
ignoring shit again. but took the other self nom
did you even read it?
saved it anyway.