Pigs Get Pounded on Big Supplies

On Thursday, the USDA released its Quarterly Hogs & Pigs Report, which showed a national pig herd that was 4% bigger than last year, and a record high for this time of year. Hog producers…

Perdue Heads toward USDA Position

Sonny Perdue, the nominee for Secretary of Agriculture, received a warm welcome this week in the Senate at his confirmation hearing. Perdue, the former governor of Georgia, addressed bipartisan concerns about budget cuts, immigration curbs,…

Searing Brazil Scandal Sends Steaks Higher

April cattle futures exploded this week to the highest level in over a year, nearing $1.23 per pound. The price rally is a welcome relief for ranchers who have seen prices rise over 25% from…

Stormy Outlook for USDA

Under President Trump’s budget proposal for 2018, the USDA would see a sharp 21% decrease in funding. This news was initially met with trepidation by rural communities, but the plan is unlikely to have as…