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Chris Hurt says Same Pounds of Pork & Same Corn Fed

Friday USDA released the Quarterly Hogs & Pigs report. During an interview late Friday afternoon Purdue Extension Ag Economist Chris Hurt said the figures show, as it relates to the amount of corn consumed by the nation's hog herd, the lower number of animals coming to market now because of PEDv is offset by heavier weights. Essentially, Hurt says feeding fewer pigs to heavier weights consumes about the same amount of corn (he thinks) and produces about the same amount of pork.



You may read Chris Hurt's thoughts on the livestock market once a month in The Weekly Outlook posted to the FarmDocDaily website during the noon hour on Mondays.

USDA June 2014 Grain Stocks & Acreage Reports

Grain Stocks

USDA June Estimate Average Ranges June 2013 March 2014
Corn 3,723 3,046-4,050 2,766 7,006
Soybean 382 334-440 435 992
Wheat 597 561-633 718 1,056

Acreage

USDA June Estimate Average Range March 2014 2013
Corn 91.709 91.00-92.50 91.691 95.365
Soybean 82.213 81.30-84.00 81.493 76.533
All Wheat 55.777 54.80-56.50 55.815 56.156
    Spring 11.937 11.30-12.20 12.009 11.596
    Durum  1.795   1.69- 1.90   1.799   1.470

Wheat Head Scab in SRW Crop


The nation's wheat crop is suffering from too much rainfall. It is causing harvest delays in the hard red winter wheat growing regions of the southwestern United States, and the development of disease issues in the southern Illinois soft red winter wheat crop.

Agronomy Day August 14, 2014

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