USDA released its quarterly Hogs and Pigs report today. The inventory of all hogs and pigs on 1 March was 74.5 million head. This was down slightly from 1 March 2024 and down 1 percent from 1 December.
Breeding inventory, at 5.98 million head, was down 1 percent from last year, and down slightly from the previous quarter. Market hog inventory, at 68.5 million head, was down slightly from last year, and down 1 percent from last quarter. The December 2024-February 2025 pig crop, at 33.7 million head, was down slightly from last year. Sows farrowing during this period totaled 2.89 million head, down 1 percent from previous year. The sows farrowed during this quarter represented 48 percent of the breeding herd.
The quarterly...
With no bullish surprise out of Beijing this week and good weather taking over many global crop areas, funds spent the past couple of days selling off the peak positions they had built. CNN’s Live Updates blared, “No signs Trump and Xi resolved any thorny challenges.” By...
The long-awaited meeting between President Trump and President Xi of China has concluded, and details are elusive, though Trump stated today that he and Xi made some “fantastic” trade deals. Both countries reported the meetings as a success, but that has more to do with positioning...
We at WPI hear frequently that U.S. agriculture is broken and needs fixing. This argument is often heard in MAHA-related discussions and focuses on highly processed food consumption or the overuse of pesticides and chemical fertilizers. Among farmers and food processors, however, especially tho...