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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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Supporters plot E15 strategy in the Senate

Supporters plot E15 strategy in the Senate

Supporters of year-round E15 gasoline sales are making another push in Congress, but significant hurdles remain before the measure can become law. Backers of the proposal are working to attach E15 language to a larger must-pass bill in hopes of advancing the policy...

Growing crush capacity shifts soy demand priorities

Growing crush capacity shifts soy demand priorities

For decades, one of the soybean industry's biggest challenges was finding new markets for soybean oil. Today, however, the conversation is changing. Growing demand from renewable diesel and other biofuel markets has helped create new opportunities for soybean oil,...

Swine industry remains cautious about NWS

Swine industry remains cautious about NWS

Earlier this week, the USDA announced that there was an official detection of New World Screwworm (NWS) in the U.S. The pest was found in a three-week-old calf in South Texas. Since NWS is an indiscriminate parasite, all warm-blooded mammals are at risk of infestation...

Ag economy barometer drops in May

Ag economy barometer drops in May

The Purdue University/CME Group Ag Economy Barometer dropped in May. Michael Langemeier, director of Purdue University’s Center for Commercial Agriculture, talked about the decline. Farmers appeared to be deeply concerned about current conditions. Langemeier said...

Recapping a disappointing week in the grain market trade

Recapping a disappointing week in the grain market trade

It has been a difficult week of trade in the grains and oilseeds markets to say the least. Corn and soybeans grinded lower to begin the week and then saw significant losses on Thursday and Friday. Matt Bennett is the CEO and co-founder of AgMarket.Net and he tells the...

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Concerns rising as U.S. oil reserves decline

Concerns rising as U.S. oil reserves decline

While still elevated, oil prices have dipped slightly, well off the high-water mark we saw back in April. Patrick DeHaan, the senior petroleum analyst with Gasbuddy.com, says there are several things helping oil prices. Oil prices are also being helped by China,...