It’s one of the biggest weeks of the year for livestock reports from the USDA. University of Missouri’s Scott Brown says this final round of reports from the USDA for 2023 has both cattle and hog producers waiting in anticipation.
On the hog side, Brown says it’s about production. “Productivity gains, that now have come back to be stronger again,” he says. “Then, to get supplies under better control, we need what? A bigger cut to breeding inventory. I think that’s the tug and pull of those two numbers as to what unfolds in 2024.”
As for the cattle side?