31 March 2012
- USDA Quarterly Report: March 2012
- What It All Means - Expert Commentary
- In the News - What the Media Says
- Graph Data from the Report
- Hog Inventories by State (external link - select State and navigate to file)
For a PRINTABLE VERSION of the full 16-page report in PDF format, including all the tabular data that is not shown in this article, please click here
USDA Quarterly Pigs and Hogs Report: March 2012
United States Hog Inventory up 2 Percent
United States inventory of all hogs and pigs on March 1, 2012 was 64.9 million head. This was up 2 percent from March 1, 2011, but down 2 percent from December 1, 2011.
Breeding inventory, at 5.82 million head, was up 1 percent from last year, and up slightly from the previous quarter.
Market hog inventory, at 59.1 million head, was up 2 percent from last year, but down 2 percent from last quarter.
The December 2011-February 2012 pig crop, at 28.7 million head, was up 3 percent from 2011. Sows farrowing during this period totaled 2.88 million head, up 1 percent from 2011. The sows farrowed during this quarter represented 50 percent of the breeding herd. The average pigs saved per litter was a record high 9.97 for the December-February period, compared to 9.80 last year. Pigs saved per litter by size of operation ranged from 7.30 for operations with 1-99 hogs and pigs to 10.00 for operations with more than 5,000 hogs and pigs.
Quarterly Hogs and Pigs Inventory –
United States: March 1
United States hog producers intend to have 2.89 million sows farrow during the March-May 2012 quarter, down 1 percent from the actual farrowings during the same period in 2011, and down 1 percent from 2010. Intended farrowings for June-August 2012, at 2.88 million sows, are down 2 percent from 2011, and down 2 percent from 2010.
The total number of hogs under contract owned by operations with over 5,000 head, but raised by contractees, accounted for 47 percent of the total United States hog inventory, up from 46 percent last year.
All inventory and pig crop estimates for March 2011 through December 2011 were reviewed using final pig crop, official slaughter, death loss, and updated import and export data. Based on the findings of this review, an adjustment of less than one percent was made to the September 2011 total inventory. An adjustment of less than one percent was made to the December 2011 total inventory. An adjustment of less than one percent was made to the June-August 2011 pig crop.
What the commentators and industry thinkers read into this data:
Ron Plain on the Hogs and Pigs Report
USDA's March hogs and pigs report said both the market hog inventory and the breeding herd inventory were slightly larger than pre-release trade forecasts, writes Ron Plain.
Pork Commentary: March Hogs and Pigs Report - No Surprises
US - "The USDA 1 March quarterly Hogs and Pigs report did not come out with any big surprises," writes Jim Long.
|Shane Ellis, Iowa State University
March Hog and Pig Report Summary
30 March was a very busy day for USDA reports with a crop plantings report and a hog and pig report released on the same day, writes Shane Ellis.
|Chris Hurt, Purdue University
Pork Profit Outlook Gets Trimmed
Chris Hurt comments on the latest USDA Hogs and Pigs report.
More to follow soon...
In The News - What The Media Says
- CME: Hog & Pigs Inventory up 1.9 Per Cent - CME
- Factors Determining 2012 Pork Industry Profitability - Farmscape
Quarterly Litter Rate – United States
Pigs per Litter by Size of Operation –
United States: December 2011-February 2012
Quarterly Sows Farrowed – United States
Quarterly Pig Crop – United States
Reliability of 1 March Hogs and Pigs Estimates
To review this information, including the Survey Procedures, Estimation Procedures, Revision Policy and Reliability, please download the PDF.
Quarterly Hogs and Pigs Report, March 2012 - USDA National Agricultural Statistics Service
DOWNLOAD REPORT:- Download this report here