Bullish feeder pig prices could signal an expected return to improved profitability for hog production later this year.
The 17 January National Direct Feeder Pig Report showed the weighted average (cash and formula) price of 10-12 pound early weaned pigs was $82.37 per head on a cash basis and $76.24 per head on a formula basis for a weighted average of $80.50 per head. The 40-pound feeder pig price was $98.98 per head on a cash basis. Early weaned pigs are up from a cash price of $35.43 per head and the formula price is up from $43.43 per head from the same week a year ago. Cash prices for 40-pound pigs doubled from last year’s $49.42 per head and the price for 10-12-pound pigs more than doubled, up $46.94 per head...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...