The United States hog inventory is up 4%, according to the quarterly Hogs and Pigs Report released March 30, 2017, by USDA's National Agricultural Statistics Service.
Numbers from the report:
- The United States inventory of all hogs and pigs on March 1, 2017, was 71.0 million head, up 4% from March 1, 2016, but down 1% from December 1, 2016.
- Breeding inventory, at 6.07 million head, was up 1% from last year, but down slightly from the previous quarter.
- Market hog inventory, at 64.9 million head, was up 4% from last year, but down 1% from last quarter.
- The December 2016-February 2017 pig crop, at 31.4 million head, was up 4% from 2016.
- Sows farrowing during this period totaled 3.01 million head, up 3% from 2016. The sows farrowed during this quarter represented 49% of the breeding herd.
- The average pigs saved per litter was a record high of 10.43 for the December-February period, compared to 10.30 last year. Pigs saved per litter by size of operation ranged from 8.00 for operations with 1-99 hogs and pigs to 10.50 for operations with more than 5,000 hogs and pigs.
- United States hog producers intend to have 3.01 million sows farrow during the March-May 2017 quarter, up 1% from the actual farrowings during the same period in 2016, and up 5% from 2015.
- Intended farrowings for June-August 2017, at 3.05 million sows, are down slightly from 2016, but up 1% from 2015.
- The total number of hogs under contract owned by operations with over 5,000 head, but raised by contractees, accounted for 48% of the total United States hog inventory, the same as previous year.
All inventory and pig crop estimates for March 2016 through December 2016 were reviewed using final pig crop, official slaughter, death loss, and updated import and export data. The net revision made to the September 2016 all hogs and pigs inventory was 1.5%. A revision of 1.2% was made to the June-August 2016 pig crop. There were no revisions made to the December 2016 all hogs and pigs inventory.
View the report here