Broiler sets, placement hold higher trend

Domestic broiler sets and placement were up on the year last week. The USDA says 248.86 million broiler-type eggs were placed into incubation, climbing 658,000 from the previous week and moving 4% above a year ago, with the average hatchability rate holding at 79.5%. 192.825 million broiler-type chickens entered meat production, 395,000 less than the…… Continue Reading

July milk production down on year

U.S. milk production declined slightly in July 2024. The USDA says production in the top 24 milk states was 18.171 billion pounds, 0.2% less than in July 2023, with a 2 pound rise in average production per cow to 2,047 pounds canceled out by a slight decline in the number of cows being milked, from…… Continue Reading

Domestic rice supply above a year ago

U.S. rice stocks on August 1st, 2024 were up sharply on the year. The USDA says rough rice in all positions at the start of the new marketing year was 32.433 million hundredweight, an increase of 34% from August 1st, 2023. That was due to a year-to-year increase in production and much larger old crop…… Continue Reading

Cash dairy mixed at midweek

Chicago Mercantile Exchange cash dairy markets were mixed Wednesday. The USDA says cash cheese barrels were up $.01 and ¾ at $2.28 and ¼, the second day in a row with a gain while 40 pound blocks lost a half a cent, closing at $2.09 and ½ after starting the week steady. Double A butter…… Continue Reading

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