Hatcheries set 242.69 million eggs in incubators during the week ending 28 September, up 6.1 percent from a year ago. So far this year, egg sets are up 1.9 percent over last year, and to date through the second half of the year are up 3.5 percent.
Last year, eggs set started trendng lower in July as integrators managed production through October. This year, expansion has continued, though there are indications of some seasonal slow down. Despite the higher egg sets, hatchabilty remains a persistent problem; last week hatchablity was 79.8 percent. Hatchability is calculated by dividing chicks hatched during the week by eggs set three weeks earlier. Rates have slumped since 2021; prior to that hatchabiliy typically ran between 81 and 82 pe...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...
Key Takeaways: Peace at last in the Persian Gulf? Over the weekend, the U.S. announced and Iranian officials confirmed a peace agreement, with formal ratification set for Geneva on 19 June. The announcement means the Strait of Hormuz is set to reopen fully and toll-free within 30 days.&n...
