The USDA says America’s egg production totaled 8.67 billion during June, a three percent drop from last year. Production included 7:39 billion table eggs and 1.28 billion hatching eggs. Of the hatching eggs, 1.19 billion were broilers and 89.4 million were egg-type. The average number of egg layers totaled 366 million in June, down four percent from last year. June …
July 1 Cattle Inventory Down 2 Percent
The U.S Department of Agriculture (USDA) has released their July 1 Cattle Inventory Report, and it shows all cattle and calves in the U.S. on July 1st totaled 98.8 million head, 2 percent below the 101 million head on July 1, 2021. All cows and heifers that have calved totaled 39.8 million head, 2 percent below the 40.6 million head …
Family Farms Drive Dairy
In an article from the National Milk Producers Federation (NMPF), they note the supposed “decline of the family farm,” which was replaced by the “rise of the corporate farm,” has been one of the most inaccurate comments about U.S. agriculture. While the number of dairy farms has declined, that consolidation hasn’t diminished the dominance of family-run dairies. It’s meant that smaller family farms …
Declines in Beef Production Expected this Year and Next
2023 could be the second straight year of falling U.S. beef production. Gary Crawford has an update on why that may happen again, along with a look at next year’s production and price outlook for the nation’s hog producers. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024
Survey Says Shoppers Want Clearer Meat Labels
The National Chicken Council (NCC) released findings from a recent national survey of Americans regarding consumer attitudes about chicken and plant-based ‘chicken’ alternatives. Survey participants included individuals who consume meat and animal products, along with flexitarians, vegetarians and vegans. The results indicate the majority of Americans want clearer product labeling and separate shopping sections for plant-based products. One in five …
Sizzling Demand for U.S. Beef in Taiwan
While U.S. beef exports to Taiwan set a new value record last year, volume declined slightly from the previous year. But as Joe Schuele reports, the market has set a blistering pace so far this year. More information is available on the U.S. Meat Export Federation website. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers …
U.S. Cattle on Feed Up 1 Percent
A June report from the U.S. Department of Agriculture shows the number of cattle and calves on feed for the slaughter market in the U.S. for feedlots with capacity of 1,000 or more head totaled 11.8 million head on June 1, 2022. The inventory was 1 percent above June 1, 2021. This is the highest June 1 inventory since the …
Adjustments to Back Year Meat Production and Price Forecasts
This month, USDA’s meat production and price forecasts focused primarily on changes in categories for this calendar year. Rod Bain has the details. World Agricultural Outlook Board Chair Mark Jekanowski discusses the June forecast for U.S. meat exports. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024
Looking Ahead to Thursday’s Reports
USDA has a variety of reports coming out next Thursday, something Mark Oppold notes many traders will be thinking about. Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, 2024
Cattle Market Reform Bill Passes Senate Agriculture Committee
The Cattle Price Discovery and Transparency Act passed out of the Senate Agriculture Committee. The legislation, sponsored by U.S. Senators Deb Fischer (R-Neb.), Chuck Grassley (R-Iowa), Jon Tester (D-Mont.), and Ron Wyden (D-Ore.) passed by a voice vote with only two no votes. The bill now moves to the Senate floor. The senators unveiled the updated version of the legislation back in …