USDA released its quarterly Hogs and Pigs report today. The inventory of all hogs and pigs on 1 December was 75.5 million head, up 1 percent from December 2024, and up slightly from 1 September 2025.
Breeding inventory, at 5.95 million head, was down 1 percent from last year and up slightly from September. Market hog inventory, at 69.6 million head was up 1 percent from last year and up slightly from September.
The September to November pig crop, at 34.34.99 million head, was even with last year. Sows farrowing during this period totaled 2.93 million head, also even with last year. The sows farrowed during this quarter represented 49 percent of the breeding herd. The total number of hogs under contract, owned by operations wit...
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...
