USDA’s quarterly hogs and pigs report shows a record swine herd and future stability in the sector.USDA’s most recently released quarterly Hogs and Pigs report showed a record swine herd in the U.S. The total inventory as of 1 June was 71.7 million head, up 3 percent from 1 June 2016 and 1 percent from 1 March 2017. This was the largest inventory for that date since USDA started keeping records in 1964.Other categories setting records included:
Pig crop - 32.3 million head, the second-largest total on record for the March-May period Pigs saved per litter - 10.55 Market hogs - 65.6 million head, up 4 percent from last year and largest 1 June inventory on record
With this large hogs and pigs inventory, it is important to look at the s...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
