According to the USDA’s latest U.S. and Canadian Hogs report, inventory of all hogs and pigs in December 2014 was reported at 79.2 million head, up 2 percent from December 2013. This breaks down as follows:
- U.S. inventory: 66.1 million head
- Canadian inventory: 13.2 million head
The U.S. and Canadian breeding inventory also rose, climbing by 3 percent from December 2013. The U.S. breeding herd in particular reported the biggest increasing as it jumped by 4 percent to nearly 6 million head. Canada’s breeding inventory, seen at 1.22 million head, was up just slightly from the year before.
The report also showed:
- U.S. and Canadian market hog inventories rose 2 percent from December 2013 to December 2014, reported at 72.5 million head.
- The U.S. pig crop rose by 4 percent from last year’s report to 29.4 million head.
- The Canadian semi-annual pig crop, at 13.6 million head, was up 1 percent from January 2014 but down 4 percent from January 2013.