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: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
