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US hog inventory edges lower; productivity ticks up

US hog inventory edges lower; productivity ticks up

The U.S. hog and pig inventory totaled 73.7 million head as of June 1, down slightly from a year earlier and from March, USDA said Thursday in its quarterly report. Market hogs accounted for 67.8 million head, while 5.88 million were kept for breeding, according to USDA’s National Agricultural Statistics Service. Despite the smaller herd, production indicators improved. Producers weaned 33.5 million pigs from March through May, slightly above last year, with an average of 11.87 pigs per...

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Rapid growth for biodiesel and renewable diesel in 2024

Rapid growth for biodiesel and renewable diesel in 2024

The U.S. is on pace to surpass five billion gallons of biodiesel and renewable diesel consumption for the first time. That caps a 2024 that saw increased efforts from states to drive adoption, updates to technical standards, growth in soybean crush capacity, and...

Port labor contract dispute disrupting red meat exports

Port labor contract dispute disrupting red meat exports

U.S. agriculture is bracing for a potential work stoppage at East and Gulf Coast ports that could greatly disrupt U.S. exports. Contract negotiations between the International Longshoremen’s Association and the U.S. Maritime Alliance broke down in mid-November over...

Secretary Naig’s Year in Review (part 1)

Secretary Naig’s Year in Review (part 1)

It’s hard to believe that 2024 is coming to an end on Wednesday. It feels like just yesterday that we were kicking off the new year. I know they say time flies, but this one felt like we blinked and missed it. However, as fast as this year seemed to go, it wasn’t...

U.S. Export Sales Report (12-27-24)

U.S. Export Sales Report (12-27-24)

We normally don’t expect much from the export sales report during the holidays, but today’s report was surprisingly good. Allendale commodity broker Greg McBride gave an update on the latest numbers from the USDA. There haven't been any flash sales recently, but...

Momentum building for E15 despite being left out of funding bill

Momentum building for E15 despite being left out of funding bill

National year round E15 sales were not included in the year end final stopgap government funding bill. However, the issue could still be building momentum heading into 2025. E15 sales, including in the summer driving season, were a part of the earliest stopgap bill...

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Bayer may stop producing glyphosate

Bayer may stop producing glyphosate

Bayer says it may stop producing glyphosate, the world’s most popular weedkiller unless it can get court protection against lawsuits blaming the herbicide for causing cancer. The Wall Street Journal says Bayer currently produces about 40 percent of the world’s...