USDA will release its Quarterly Hogs and Pigs report on Thursday. Below are analysts’ estimates for the report.
The biggest change since the 1 March report is the number of market hogs, which is expected to be up 1.1 percent from what was implied in March. The percent increase in hogs weighing more than 180 pounds is even higher, according to analysts, at 1.3 percent, which jibes with the weekly slaughter pace for June to date. For July and August, the pre-report estimate shows a 1 percent increase compared to the 0.3 percent and 0.5 percent, respectively, reported in March. That is slightly bearish all around. The pigs per litter over the past five years have increased by 1 percent from March through May compared with the December t...
What You Need to Know Today: Headlines emerging from negotiations between President Trump and President Xi were relatively limited, with a more substantive announcement expected Monday. U.S. Trade Representative Jamieson Greer indicated that additional details related to agricultural trade cou...
The heat of summer is now transitioning into more moderate temperatures, and the next two months have the busiest marketing periods of the year for replacement cattle. Weather always influences the replacement cattle market, and the primary grain belt in the Southern Plains, where many cattle a...
Key Takeaways: Diesel accounts for about 64 percent of U.S. farm fuel spending. For farmers, the pressing question is what a higher price adds to each field operation. Iowa farm diesel averaged $5.50/gallon in September, compared with the $2.89/gallon Iowa State assumed for its February machin...
