The pent-up global pork demand is finally starting to take effect, and it would appear just in time for U.S. producers. July pork exports from the U.S. were 233,242 MT. That is an all-time monthly record (ahead of the previous record set in April 2018) and 132 percent of July 2018. Moreover, the value of those exports was $623.3 million, which was 134 percent of the same month last year and an all-time monthly record beating the previous high mark from November 2017. That has helped hog prices move above their three-year average.
Pork production typically increases in the September-November quarter with more hogs coming to market at heavier weights. On top of that seasonal pattern, however, the pig crop during the March...
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...
