Canadian and US pig inventories

On Wednesday the joint US and Canadian quarterly hog inventory report was released by USDA and Statistics Canada. The April 1 Canadian pig inventory was estimated at 12,020,000 pigs with 1,312,000 kept for breeding and 10.708 million kept for market. This compares to the March 1 USDA numbers for the US herd of 64.872 million pigs total inventory with 5.820 million breeding animals and 59,052 kept for market animals. Read More...

SEW prices and new nursery designs

Pork producers are beginning to act nervous about profit prospects this fall. SEW prices continue to decline, both on the contract and spot market as the Chicago futures continue to gradually decline in value. This past week USDA reported SEW prices as low as $27.50/pig delivered. The last time SEW pig spot market prices dropped this low was last November.  Read More...