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NPPC Q2 Economic Update Highlights Current Pork Industry Challenges and Opportunities

The National Pork Producers Council (NPPC) released its second quarter pork industry economic update that provides a snapshot of top pork industry issues, current trends, and market conditions impacting pig farmers.

2023 Q2 key takeaways include:

  • Pork production increased 2.3 percent through the first quarter, with the USDA now projecting a 1.4 percent annual increase in pork production in 2023.
  • Retail, wholesale, and farm level prices show a year-over-year decline
  • Pork and variety meat exports gained momentum in Q1.
  • From September 2021 to 2022, the total value of wages paid to workers on U.S. pig farms increased 12.1 percent, while the number of workers declined by 0.4 percent.
  • Pork producer returns for the remainder of 2023 will be influenced by various factors, including domestic and export pork demand and input prices.
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Pig Perspectives: Exploring Swine Insights with Dr. Jeff Bergermann from Zoetis Canada

Video: Pig Perspectives: Exploring Swine Insights with Dr. Jeff Bergermann from Zoetis Canada

Join us for an illuminating episode of "Swine Insights" as we engage in a captivating conversation with Dr. Jeff Bergermann. In this episode, Dr. Bergermann, renowned in the swine industry, takes us on a journey through his background, passion for swine, and his role at Zoetis, where innovation meets veterinary medicine.

Uncover the story behind Jeff's connection with Olysky and explore the roots of his deep-seated passion for swine. Learn why he chose swine over other species and gain insights into the world of veterinary medicine through his role at Zoetis.

Dr. Bergermann imparts invaluable veterinary advice, emphasizing the importance of preventive care, regular health checks, vaccination protocols, and early illness detection. Delve into the buzz around Circovirus, the evolving strains of PCV2.

Discover the latest and exciting innovations in the veterinary medicine realm, particularly in diagnostics, and understand the crucial role of sow herd care in ensuring the well-being of both sows and piglets.

As we conclude, Dr. Jeff Bergermann shares his best piece of veterinary advice, and we express our gratitude for his insightful contributions.