Details of the combined U.S. and Canadian cattle and swine herds were released yesterday. The cattle data is based on the semi-annual inventory as of 1 July; for hogs the U.S. data is based on the quarterly Hogs and Pigs report which is as of the second quarter ending on 1 June and the data for Canada is a semi-annual report as of 1 July. Below is a look at both. All cattle and calves in both countries as of 1 July totaled 111 million head, 98 percent of the inventory on 1 July 2021.
Canada’s herd has declined more sharply in the past year than the U.S. which has been in steady contraction since 2019.
As of 1 July, Canada had an on-feed inventory of 985,992 head in Alberta and Saskatchewan, which comprise about 70...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
