Producers can stand to lose only so much money before they’re forced to cut back. Financial losses caused by high feed prices are influencing sow slaughter. So far in 2008, sow slaughter is 7.7 percent higher than for the same time in 2007. 

Meanwhile, Canadian producers also have been losing money. Canada’s April inventory survey found 12.6 percent fewer market hogs than in 2007, partly due to exporting large numbers of feeder pigs early in 2008. However, since late March, the number of slaughter hogs imported from Canada has been below year-earlier levels, and feeder pig imports also have declined.