Agricultural News
US Hog Numbers Well Above Year Ago Levels as Impact of PEDV Fades
Mon, 29 Jun 2015 05:17:43 CDTThe US Pork Industry seems to be bouncing back from the deadly baby pig disease- PEDV. According to the USDA Quarterly Hogs and Pigs Inventory released on Friday afternoon, the United States inventory of all hogs and pigs on June 1, 2015 was 66.9 million head. This was up 9 percent from June 1, 2014, and up slightly from March 1, 2015.
Breeding inventory, at 5.93 million head, was up 1 percent from last year, but down 1 percent from the previous quarter. Market hog inventory, at 61.0 million head, was up 9 percent from last year, and up 1 percent from last quarter.
The March-May 2015 pig crop, at 29.6 million head, was up 8 percent from 2014. Sows farrowed during this period totaled 2.85 million head, up 1 percent from 2014. The sows farrowed during this quarter represented 48 percent of the breeding herd. The average pigs saved per litter was a record high 10.37 for the March - May period, compared to 9.78 last year. Pigs saved per litter by size of operation ranged from 8.00 for operations with 1-99 hogs and pigs to 10.40 for operations with more than 5,000 hogs and pigs.
United States hog producers intend to have 2.91 million sows farrow during the June-August 2015 quarter, down 3 percent from the actual farrowings during the same period in 2014, but up 1 percent from 2013. Intended farrowings for September-November 2015, at 2.87 million sows, are down 4 percent from 2014, but up 3 percent from 2013.
According to John Ginzel on the QT Ag website, "the Market Hog inventory reported in the June USDA's Report was above the trade's Pre-report expectations with the heaviest weight class showing the greatest expansions. We see the report as NEUTRAL to BEARISH for the Lean Hog Futures outlook. This report portends that Market Hog slaughter rates over the next few months will continue to show double digit year-over-year increases. The Breeding herd productivity has returned to the longer term trend with the Pigs per Litter being reported 10.37, a new record level, expanding by 106% of year earlier levels."
Oklahoma Recovers From PEDV
The Oklahoma pork industry continues to be a pig producing industry that sees many of the baby pigs that are born in the state being shipped closer to feed grain supplies in the US Corn Belt to be finished. The breeding herd in the state totals 440,000 head as of June first- up two percent from a year ago and the fifth largest sow herd in the US. The need to feed pigs to be processed by the Seaboard plant in Guymon means that Oklahoma has a June first market hog inventory of 1.79 million hogs- up 23% from a year ago and the ninth largest market hog population in the US. Total hog numbers are back above two million head in the state at 2.23 million head- 18% more than June first 2014 and the ninth largest total swine population in the US.
To review the complete quarterly hog and pigs inventory report, click here.
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