USDA released its quarterly Hogs and Pigs report today. The numbers were in line with pre-report expectations. The inventory of all hogs and pigs on 1 June was 75.1 million head. This was up slightly from 1 June 2024, and up 1 percent from 1 March 2025.
Breeding inventory, at 5.98 million head, was down slightly from last year, and down slighthly from March. Market hog inventory, at 69.2 million head was up slightly from last year and up 1 percent from last quareter. The March through May pig crop was up 1 percent from 2024. Sows farrowed totaled 2.91 million, down slightly from 2024, and represents 49 percent of the sow herd. Obviously, pigs saved per litter increased to 11.75, a new record, and up from the previous record of 11.56 in Mar...
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...
