USDA released its quarterly hogs and pigs report today. The inventory of all hogs and pigs on 1 March was 74.3 million head, up slightly from March 2025 but down 1.5 percent from 1 December. The report was in line with the previous five-year average of a decrease of 1.8 percent from December to March.
In fact, the report showed a generally steady hog herd. Breeding inventory, at 5.89 million head, was down 1 percent from last year and slightly lower than in December. Market hog inventory, at 68.4 million head, was up 1 percent from last year but down 2 percent from December. Notably, the category of hogs weighing 180 pounds or more, or those closest to harvest, increased 2 percent.
Operations with more than 5,000 head, which raise hogs un...
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...
