CME: Hogs Post Record Slaughter Levels

US - USDA-NASS has released its June monthly livestock slaughter numbers. Although USDA-AMS reported daily slaughter gives us a fairly clear picture of what monthly slaughter was before the monthly report comes out, the monthly numbers are helpful in terms of putting longer term trends in perspective, write Steve Meyer and Len Steiner.
calendar icon 25 July 2016
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Hogs posted a record level of FI slaughter for the month of June at 9.5 million head.

The year-over-year increase in slaughter came from the gilts and barrows category, up 2 per cent (or up 152,000 head) compared to June 2015.

Barrow and gilt average dressed weights were 1 pound below year ago at 208 pounds, but the increased slaughter level offset this, for a record large June pork production number of 2.0 billion pounds.

Sow slaughter was down 4 per cent compared to last year (down 11,000 head).

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