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USDA reduces 2023 pork guess

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The USDA made a slight downward adjustment for 2023 pork production, while increasing outlooks for beef, broilers, and turkey. Pork production is now pegged at 27.371 billion pounds, down 5 million from June due to slower second and third quarter slaughter projections, with an... Read More.

USDA winter wheat guess higher

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The USDA has increased its expectations for the 2023 winter wheat crop. Production is projected at 1.206 billion bushels, a jump of 6% from the June guess following a higher yield estimate, up 2 bushels per acre to 46.9, and 9% more than in... Read More.

USDA raises corn crop guess, lowers soybeans

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The USDA has slashed its soybean production outlook while raising their guess for this year’s corn crop. The USDA has 2023 soybean production at 4.3 billion bushels, 210 million less than last month following the recent cut to the planted area total, down to... Read More.