According to today’s USDA Hogs and Pigs report, the total inventory on 1 June was 75.5 million head, 104 percent of last year and 101 percent of the 1 March inventory.
The numbers announced today exceeded pre-report trade guesses.
Producers intend to have 3.18 million sows farrow during the June-August quarter, down slightly from last year. New records set in this report include the following:
1 June inventory of total hogs, largest since records began in 1964 1 June market hog inventory, largest since records began in 1964 March-May pig crop, largest since records began in 1970 March-May pigs saved per litter at 11
In fact, every swine herd record except for one has been set in the past 12 months. The only high mark t...
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...
