Markets

Hog Outlook: USDA report recap

USDA's September hogs and pigs report said the nation's inventory of hogs was down 2.3 percent on the first day of September compared to a year ago. USDA said the number of market hogs was down 2.7 percent, but the breeding herd was up 1.8 percent compared to September 2013. FULL STORY »

Pork producers add 104,000 head to U.S. breeding herd

According to the USDA’s Quarterly Hogs and Pigs report, the U.S. expanded the Sept. 1 breeding herd by 2 percent, surpassing analyst expectations. FULL STORY »

Livestock Slaughter: Pork production down 10%

Pork production totaled 1.75 billion pounds, down 10 percent from August 2013. Hog slaughter totaled 8.27 million head, down 13 percent from August 2013. The average live weight was up 11 pounds from the previous year, at 282 pounds. FULL STORY »

Ag markets turned mixed to higher Friday morning

Dollar strength and European news depressed corn futures Friday morning. Although the equity markets bounced this morning, the U.S. dollar surged as well. FULL STORY »

Vilsack plans to stay in USDA position

On Thursday, Tom Vilsack stated that he doesn’t plan to leave his position as the head of the Agriculture Department. FULL STORY »

ISU unveils Agricultural Business Plan Competition for students

Undergraduate and graduate students from 15 land-grant universities will have the opportunity in the next few months to compete for $15,000 in cash awards through a new program developed by Iowa State University’s Agricultural Entrepreneurship Initiative and sponsored by Stine Seed and Summit Group. FULL STORY »

Financial market action weighed on commodity values Thursday

Financial markets may have depressed the commodity markets Thursday. The weekly Export Sales report seemed supportive of corn prices, but apparently did little in the face of broad commodity selling this morning. FULL STORY »

Natural gas supply fell this week

Prices rose in New England over the September 17-24 report week, with reported restrictions from Algonquin Gas Transmission (AGT). FULL STORY »

Study says insects’ fear limits boost from climate change

Scientists often measure the effects of temperature on insects to predict how climate change will affect their distribution and abundance, but a Dartmouth study shows for the first time that insects’ fear of their predators, in addition to temperature, ultimately limits how fast they grow. FULL STORY »

How much will PEDv affect Friday’s Hogs & Pigs report?

Analysts expect the USDA to lowers its total inventory of hogs and pigs in Friday’s Hogs & Pigs report, largely due to the impacts of Porcine Epidemic Diarrhea virus on the U.S. pig crop this spring and summer. FULL STORY »

Decline in oil prices caused by weak demand, good supply

North Sea Brent crude oil prices have remained under the symbolic $100/barrel level since September 5, falling to $94.13/barrel this afternoon, the lowest level in more than two years. FULL STORY »

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