Hogs and Pigs Preview USDA will release its quarterly hogs and pigs report tomorrow. Pre-report estimates from the industry peg the total swine inventory at approximately 77.3 head, which is 103 percent of last year, which set a record for the 1 September herd.
If the predictions are correct, that would also be 102.4 percent of the 1 June inventory, which was a record as well. Pre-report estimates of animals kept for breeding are 101.4 percent of last year and kept for marketing estimates come in at 103 percent year-over-year. The thing to watch will be USDA’s estimates of September to November farrowing intentions (as well as for the December to March quarter). In the last report, producers reported their intentions...
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...
