John Lawrences' Commentary: Hog Expansion
US - The USDA released the December Hogs and Pigs Report December 28 with its estimate of December 1 inventories. As expected the report indicated that US producers are slowly expanding the herd with a 0.3% increase in the number of market hogs and a 0.7% increase in the breeding herd compared to December 2004 (Table 1).