USDA released its Quarterly Hogs and Pigs report for 1 September last week. The total inventory of hogs and pigs in the U.S. was 74.3 million head, reflecting a 1 percent decrease from the previous year but a 1.6 percent increase from June 2026, when the June inventory was at its lowest since 2023.
Breeding sows, at 5.87 million head, were down 1 percent from last year and down slightly from the previous quarter. Market hog inventory, at 68.4 million head, was down 2 percent from last year but up 2 percent from last quarter. The June-August 2026 pig crop, at 34.5 million head, was down 2 percent from 2025. Sows farrowing during this period totaled 2.89 million head, down 3 percent from 2025. Sows farrowed during this quarter represented 49...
What You Need to Know Today: The U.S. dollar continued to strengthen Thursday as persistent inflation reinforced expectations for additional Federal Reserve interest rate hikes. Higher Treasury yields have helped support the dollar, potentially reducing the competitiveness of U.S. agricultural...
In yesterday’s WASDE, USDA reduced its overall red meat and poultry production forecast for 2026 as declines in beef and broiler output more than offset increases in pork and turkey production. Fourth-quarter beef production was revised downward because of slower fed cattle marketings and...
Key Takeaways: Dry bulk freight markets were stronger this week, but the rally was uneven and due to divergent dynamics across basins and vessel classes. Panamax markets were broadly higher, but Atlantic grain demand was primarily responsible while Asian activity was subdued. That trend...
