US Breeding Herd to Decline Due to Drought18 July 2012
US - Prospects for significantly higher feed prices due to the drought are likely to temper further gains in US breeding herd numbers, according to the latest USDA Livestock, Dairy and Poultry Outlook.
It is likely that reduced prospects for US corn
production in the 2012-13 crop year, with accompanying expectations for
significantly higher corn prices, will temper additions to the breeding inventory this
year and into at least the first half of 2013.
Next year, expectations for slightly higher farrowings and litter rates, together with only a small increase in estimated average dressed weights (given higher expected feed costs) are expected to result in 2013 commercial pork production of 23.7 billion pounds, about 1.6 per cent more than this year.
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