As of Sept. 1, there were 73.8 million hogs and pigs on U.S. farms, down 1% from September 2021 but up 2% from June 1, 2022, according to the Quarterly Hogs and Pigs report published today by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS).
Read MoreThe USDA’s September Hogs and Pigs report places the September 1 inventory of all hogs and pigs at 73.8 million head, up about 1.8% from last quarter but down 1.4% from last year and just below the pre-report expected range of 0.4% to 1.2% lower. The lower than anticipated inventory basically reflects that market hog and breeding herd inventories, respectively, are 1.5% and 0.6% lower than a year ago, compared to average pre-report expectations of 0.5% (range of -1.0% to +0.5%) and 0.8% (range of 0.5% to 1.3%) lower.
Read MoreThe following statement can be attributed to the National Pork Producers Council
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