September hog report shows smaller breeding herd but higher litter rates
The USDA released its quarterly estimate of the inventory of all hogs and pigs in the US on September 28, 2023. All estimates are for September 1st or the June-August quarter. Table 1 shows key estimates at the US level as well as trade expectations.
Total hog inventory and market hog inventory increased slightly compared to last year. However, breeding hog inventory decreased 1.2% year-over-year. USDA reported inventories for hogs, market hogs, and...
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