ThePigSite Latest News
Hog profits continue despite larger herds
US - Despite raising the largest number of hogs in 51 years, Iowa hog producers appear headed for a record number of consecutive months of profit.The U.S. Department of Agriculture's quarterly hogs and pigs report released Friday said that on Sept. 1 there were 16.9 million hogs and pigs on Iowa farms.
That's an increase of about 2 percent from a year ago, and more than 2 percent from June 1.
The USDA said that's the largest number of Iowa hogs since September 1955, when there were 17.2 million hogs and pigs on Iowa farms. It is the third largest Iowa hog inventory since estimates began in 1866.
There were 62.7 million hogs on U.S. farms on Sept. 1, the USDA report said. That's a 1 percent increase from a year ago.
Despite the larger number of hogs on farms, analysts said they expect hog operations to stay profitable at least through June 2007, which would set a new record for consecutive months of profitability.
To continue reading this article please click here
Source: Des Moines Register
More of the latest Pig Industry News
Short Supply Holds Up UK Cull Sow Prices
Interest in US Feed Grains Grows in Viet Nam
Biosecurity Benchmarking Study to Be Launched
Tyson Foods Names New Top Executives
WTO Investigates Poultry, Livestock Complaints
OIE Reports New ASF Outbreak in Russia- UK Slaughter Statistics - November 2009
- CME: Drop in Pork Prices Seen in October
Taiwanese Nutritionists Learn About DDGS
Commission to Tackle Anti-Microbial Resistance
