Hatcheries set 242.69 million eggs in incubators during the week ending 28 September, up 6.1 percent from a year ago. So far this year, egg sets are up 1.9 percent over last year, and to date through the second half of the year are up 3.5 percent.
Last year, eggs set started trendng lower in July as integrators managed production through October. This year, expansion has continued, though there are indications of some seasonal slow down. Despite the higher egg sets, hatchabilty remains a persistent problem; last week hatchablity was 79.8 percent. Hatchability is calculated by dividing chicks hatched during the week by eggs set three weeks earlier. Rates have slumped since 2021; prior to that hatchabiliy typically ran between 81 and 82 pe...
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...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
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...