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: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
