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May turkey hatchery numbers fall

Turkey hatchery numbers for May were down sharply on the year as producers continue their efforts to improve profitability. The USDA says the number of eggs in incubation at the start of June fell 16% from last year to 23 million, while the number... Read More.

Wheat higher, soybeans, corn lower ahead of USDA numbers

Soybeans were lower on fund and technical selling. Beans followed the lead of soybean meal, while watching U.S. planting and development conditions. Planting is close to wrapping up in some areas, emergence is ahead of average, and the first national condition rating of... Read More.

Corn higher, boosted by USDA numbers

Soybeans were mixed, with nearby contracts weak and deferred months firm, still ending the week modestly lower. The USDA sees 2024 U.S. soybean planted area at 86.5 million acres, close to expectations and 3% higher than 2023, with quarterly stocks also up on... Read More.

February chicken, egg numbers rise

The USDA’s chicken and egg numbers were up in February. February egg production climbed 5% on the year to 8.62 billion, with a slight decline in the number of layers canceled out by a higher rate of lay per hen. Table and hatching egg production... Read More.

Cattle futures mostly lower ahead of On Feed numbers

At the Chicago Mercantile Exchange, live and feeder cattle were mostly lower watching direct business develop and waiting on Friday’s On Feed numbers.  April live cattle closed $.57 higher at $188.37 and June lives closed $.27 lower at $184.50.  April feeder cattle closed... Read More.

Turkey hatchery numbers fall in February

The USDA says turkey hatchery numbers declined in February. That’s in line with USDA expectations for lower production in 2024 due to slower demand and producers trying to improve prices. There were 25.043 million turkey eggs in incubation at the start of March, down... Read More.

Combined U.S., Canada livestock numbers lower

The combined U.S. and Canadian cattle, hog, and sheep herds have gotten smaller. That decline is largely due to producer concerns about profitability and increased export competition. In a joint report from the USDA and Statistics Canada, the combined hog herd at the end of... Read More.

Another mixed week for broiler chicken numbers

U.S. broiler numbers were mixed last week. The USDA says 242.91 million eggs went into incubation, slightly lower than the previous week, but a little bit above a year ago, heading into meat production later this month. Average hatchability was 79.1%. 186.593 million chicks were moved... Read More.

Ag Census shows nearly 40% drop in dairy farm numbers

A dairy analyst says the latest Census of Agriculture highlights how high milk production costs are causing more consolidation in the dairy industry. Lucas Fuess with RaboResearch tells Brownfield the U.S. has lost nearly 40 percent of its dairy farms since 2017. “Even though we’ve... Read More.

Ohio Ag Census reveals major shifts in cow numbers

Ohio’s state statistician says cow inventories show significant changes in the 2022 Ag Census. Ben Torrance tells Brownfield while the number of cattle and calves on Ohio farms decreased by five percent since 2017, cattle on feed increased 15 percent. “The inventory showed an increase... Read More.

January turkey hatchery numbers down on year

Turkey hatchery numbers fell in January, in-line with USDA expectations because of slow demand and the fallout from Highly Pathogenic Avian Influenza. Poults hatched in January 2024 were 21.633 million head, a little bit less than in December and 8% below January 2023, with... Read More.

Soybeans, corn down ahead of USDA, CONAB numbers

Soybeans were lower on fund and technical selling. There has been better than expected rain in Argentina this week, with more in the forecast over the next couple of weeks. If the rainfall meets or exceeds expectations, that should help limit further declines... Read More.