Livestock Ministry of Ag Reports Hog Inventories by Province China’s Ministry of Agriculture and Rural Affairs (MARA) recently released provincial level figures for the first quarter of this year for the country’s hog inventories. The top fifteen provinces in China through March accounted for 228.5 million head or 71.1 percent of the national total. With a combined live hog inventory of 321.2 million head, the country’s nationwide total is up 3.5 percent from the first quarter of 2019. Equally important, MARA reports that sow inventories climbed to 33.8 million through the end of Marcy, an improvement of 9.8 percent from the first three months of 2019.
China’s Live Hog and Pork Prices Continue to Rec...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...