USDA released its quarterly Hogs and Pigs report this afternoon. The report showed records for the quarter for all hogs and pigs and market pigs.
Sows farrowing during June-August were 3.18 million head, 97 percent of 2019 and above the last quarterly report’s reported farrowing intentions of 3.123 million head.
USDA will release its monthly Cattle on Feed report tomorrow. Pre-report estimates from the industry put the total number of cattle on feed as of 1 September at 103 percent of last year. Placements in July are expected to be 106 percent of last year and marketings are forecast at 97 percent.
Typically September sees the lowest cattle on feed inventory, but with spring packing plant interruptions and ongoing lowe...
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...
