Hog Outlook: 2015 slaughter forecast tops 110 million head

USDA's September hog inventory survey gives much the same outlook at the June survey. My current forecast of 2015 hog slaughter is 110.606 million head. That is 49,000 head higher than my prediction following the June hogs and pigs report. FULL STORY »

Pork supplies to increase faster than expected

A new federal report suggests that pork producers will be able to get more pork to consumers - and more quickly - than had been expected, Purdue University agricultural economist Chris Hurt says. FULL STORY »

CME Group to shorten livestock futures electronic trading hours

The Chicago Mercantile Exchange Group decided to scale back electronic trading hours for its livestock markets following customer feedback, the exchange announced on Friday. FULL STORY »

Crop futures mixed Friday morning

Grain futures remained surprisingly stable Friday morning. Strong employment data and mixed economic numbers boosted stocks and sent the U.S. dollar soaring this morning. FULL STORY »

Ag markets generally edged upward Thursday night

Corn futures remained firm Thursday night. The weather system currently moving across the Midwest will almost surely slow the fall harvest somewhat. FULL STORY »

Drought creeps back into the southern Plains

Though drought conditions in portions of the southern Plains may persist for the time-being, longer term relief may soon be coming. FULL STORY »

Crop markets posted another general rebound Thursday

Corn markets ended Thursday on a firm note. Although crop futures dipped again Wednesday night and Thursday’s news seemed less than supportive, they ended the day have posted moderate gains. FULL STORY »

Closer management required for ag economy's transition

The economy of the U.S. agriculture sector is in a transition phase following a 10-year period of wealth. Now, with global economies slipping, the agriculture sector is also slipping. FULL STORY »

Ag markets decidedly mixed in Wednesday night action

Crop futures slipped again Wednesday night. The crop markets mounted a modest comeback from recent harvest-driven losses yesterday. FULL STORY »

West Coast refineries continue to receive crude via rail

While EIA currently does not collect data on domestic movements of crude oil and products by rail, an examination of EIA data reveals that there is a growing supply of crude to the West Coast (PADD 5) that is not explicitly accounted for by production, imports, or movements from other PADDs via pipeline, tanker or barge (Figure 1). FULL STORY »

Sept. 1 grain stocks estimates provide no support for prices

Crop prices are currently dominated by expectations of very large U.S. and world crops. The USDA's estimates of September 1, 2014 domestic grain stocks released Tuesday added to the supply pressure for corn and wheat. FULL STORY »

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