USDA’s December report places U.S. hogs and pigs at nearly 79 million head, which is down nearly one percent compared to the last quarter. However, the report exceeded expectations in other ways.
“The main surprise is a record September to November pig crop, up more than two percent from a year ago and just above the upper end of the range of pre-report expectations as the marginal cut in sows farrowed was more than offset by 11.92 Pigs per litter. Up more than two percent from last year’s record for the period continuing the upward trend in pigs per litter,” said Jason Franken.
While productivity trends like these are hard to maintain, Franken says there is still room for growth, with pig producers in Denmark currently averaging 15 pigs per litter.
Based on USDA data compiled by the U.S. Meat Export Federation, pork exports increased by six percent in March compared to the previous year, while beef exports weakened overall.
New trade access, tariff concerns and international negotiations are reshaping the global beef market.
National Pork Producers Council President Rob Brenneman joins us to discuss Prop 12 provisions in the House’s Farm Bill as it heads to the Senate for debate.
Officials say no additional spread has been detected as containment and monitoring efforts move forward.
U.S. Cattlemen’s Association President Justin Tupper joins us to discuss the DOJ packer investigation, industry competition, and the outlook for cattle producers.
Turner built one of the nation’s largest private land holdings while becoming a major force in bison ranching and conservation.
