There is a steeper-than-expected drop in the U.S. supply of hogs and pigs, according to recent data. California’s Prop 12 could be the reason why.
The USDA’s recent Livestock, Dairy, and Poultry Outlook shows September saw the 9th consecutive quarterly decline in breeding numbers. Two years ago in September 2020, inventory stood at 6.33 million animals. Since then, the number dropped by 180,000 head.
Analysts say California’s new law could affect most U.S. hog production models. The High Court is still considering the case.
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