Pork Expansion in Fourth Quarter According to the most recent USDA Quarterly Hogs and Pigs report, March-May farrowings totaled 2.921 million litters, more than 2 percent below the same period last year. As USDA reported, these 2013 spring farrowings are noteworthy for at least a couple of reasons:
Spring 2013 farrowing intentions, as reported in December 2012 and March 2013, were each lower than a year earlier. The March intentions further indicated that producers expected to farrow only 1 percent fewer sows than a year ago. March-May farrowings are lower than a year ago as a proportion of the 1 March breeding inventory. 50.1 percent of the 1 March breeding herd farrowed in the March-May quarter compared to 51.2 percent las...
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...