Livestock China’s Pork Price and Poultry Price Ease on Rising Supply According to the provincial bureaus for agricultural and rural affairs in Sichuan and Hebei province, sow inventories climbed to 3.1 million head and 1.6 million head in June, respectively. Based on official projections from China’s Ministry of Agriculture and Rural Affairs (MARA), the national live pig inventory grew by an estimated 30 million head in June to a total of 340 million head. Similarly, the piglet supply rose for the fifth consecutive month. To limit the run-up in live pig and pork prices over the past six weeks, China’s Merchandise Reserve Management Center announced that it will put up 10,000 MT of frozen reserved pork tomorrow. That will...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
Let’s return briefly to the fake meat hype cycle, now sitting somewhere in a dusty corner of your mind, not entirely forgotten. What happened to all those products, known as plant-based alternative proteins? They were supposed to be as good as real meat—cheaper, more environmentally...
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