I’ve been tracking USDA SEW and feeder pig pricing reports since 1999. Beginning in 2003 I’ve also been tracking both the source and destination of the pigs cited in the report. This morning I did some quick graphing and averaging to better understand the destination reporting.
For the years 2004-2009, 51 percent of the pigs in the report were destined to end up in Iowa facilities. From 2010 on-ward, this has shifted to 62 percent of the pigs are now destined for Iowa facilities. The major shift in destination (demand) occurred in the summer of 2009.