USDA Hogs and Pigs Report a Surprise

Despite the fact that many hog producers are losing substantial amounts of money per head, USDA livestock analyst Shayle Shagam says that as of June 1 the hog sector was very much in an expansionary mode, reports Farm Futures.

The report showed the spring quarter pig crop up 4% from last year, total hog and pig inventory up 6% and sows farrowing from March to May were up 2%. Numbers indicate producers are cutting back on farrowing 2% this summer and 4% this fall, but Shagam says some tough decisions lay ahead.

View the Farm Futures story by clicking here.

ThePigSite News Desk

More of the latest Pig Industry News

•   Market Preview: Poultry Testing Uncharted Territory
•   Demand Gets Slightly Better
•   Weekly Review: Decline in China and HK Purchases
•   Confidence in Long Term Viability of Hog Industry
•   Benefits of Giving Weaners a Flying Start
•   Russian Federation: Livestock and Products 2008
•   IFA: Pig Price Fall Causing Devastation
•   CME: How Long Before US Sees Price Decline?
•   Trichina Worms Make a Comeback
•   Western Canada Production Infrastructure Still Strong