News
USDA projects tighter hog supplies
The USDA says the June 1st hog and pig inventory was down 1% on the year and farrowing numbers point to even tighter supplies later this year and next year.
The total U.S. inventory was 72.524 million head, including a market herd of 66.933 million and a breeding herd of 6.168 million head, both 1% lower than last year.
By weight, the market inventory weighing less than 50 pounds was 21.083 million head, the 50 to 119 pound herd was 18.811 million head, the 120 to 179 pound herd was 13.737 million head, and the inventory of hogs and pigs weighing 180 pounds and heavier was 12.725 million head.
For March through May, the pig crop and sow farrowings were 1% under year ago levels at 32.905 million head and 2.992 million head, respectively, while the average number of pigs saved per litter was fractionally higher at 11.
Farrowing intentions for June through August and September through November are both expected to be 1% under the same periods a year ago 3.02 million and 3.01 million head, respectively.
Half of U.S. hogs and pigs are being raised on contract operations, 1% above the year before.
The numbers look supportive for prices, but that will also depend on feed costs and demand.
Comparisons for reported Brownfield states:
Illinois: Total: 5.3 million head, unchanged from June 1st, 2021; Market: 4.68 million head, 30,000 higher than a year ago; Breeding: 620,000 head, 30,000 less than last year
Indiana: Total: 4.35 million head, up 150,000 from June 1st, 2021; Market: 4.1 million head, 70,000 higher than a year ago; Breeding: 250,000 head, 10,000 less than last year
Iowa: Total: 23 million head, down 700,000 from June 1st, 2021; Market: 22.06 million head, 730,000 lower than a year ago; Breeding: 940,000 head, 30,000 more than last year
Kansas: Total: 1.91 million head, down 40,000 from June 1st, 2021; Market: 1.755 million head, 20,000 lower than a year ago; Breeding: 155,000 head, down 20,000 less than last year
Michigan: Total: 1.19 million head, down 20,000 from June 1st, 2021; Market: 1.08 million head, 15,000 lower than a year ago; Breeding: 110,000 head, 5,000 less than last year
Minnesota: Total: 8.34 million head, down 400,000 from June 1st, 2021; Market: 7.88 million head, 380,000 lower than a year ago; Breeding: 520,000 head, 20,000 less than last year
Missouri: Total: 3.25 million head, down 50,000 from June 1st, 2021; Market: 2.77 million head, 55,000 lower than a year ago; Breeding: 430,000 head, 5,000 more than last year
Nebraska: Total: 3.5 million head, unchanged from June 1st, 2021; Market: 3.08 million head, 30,000 higher than a year ago; Breeding: 420,000 head, 30,000 less than last year
Ohio: Total: 2.6 million head, up 100,000 from June 1st, 2021; Market: 2.42 million head, 110,000 higher than a year ago; Breeding: 180,000 head, 10,000 less than last year
South Dakota: Total: 2.13 million head, up 70,000 from June 1st, 2021; Market: 1.84 million head, 150,000 higher than a year ago; Breeding: 290,000 head, 20,000 more than last year
