Livestock Public Data Reflect Scale of Investment in Hog Sector In 2020 Based on recent public records from China’s securities exchanges and other sources, investment in new and restocked hog operations has expanded rapidly in 2020. The dual incentives of high prices and preferential government support have been key drivers, but even so, the gross figures are quite impressive. The latest estimates project total direct investment for 2020 to surpass the RMB 200 billion ($30.67 billion) mark, which is more than four times higher than in 2016. Back then the market was worried about oversupply and did little to expand its breeding herd. The result of this investment so far is that China has expanded its capacity by at least 180 million...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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Illuminating the value of technical research
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