USDA will release its June quarterly Hogs and Pigs report on Thursday. The expectation is a total herd of 72.016 million head, that is down 0.7 percent from June 2022.
The last quarterly report in March was the first March report that didn’t show a drop in inventory since 2020, weeks before COVID. It also showed the smallest drop from the December to February quarter since 2019. If the pre-report expectations are correct, this will be the third June over June drop in a row, and the third consecutive March to June drop. Farrowing intentions are expected to be down about 3 percent. Behind that number is the increase in sow slaughter; over the past two months sow slaughter is up about 7 percent while slaughter of barrows...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Total Red Meat & Poultry September 2026 total red meat and poultry stocks totaled 1.97 billion pounds, down 1.4 percent from August despite typically increasing 0.8 percent during the month, and were 1.5 percent below September 2025 levels. The decline pushed total inventories to a new five...
