According to the USDA’s quarterly Hogs and Pigs report, U.S. inventory of all hogs and pigs was reported at 62.1 million head as of June 1, down 5 percent from 2013 and down 1 percent from March:
This report fell just shy analyst expectations. Doane Advisory Service pegged the U.S. hogs and pigs inventory at 62.55 million head, blaming Porcine Epidemic Diarrhea virus (PEDv) for the lowest inventory in seven years. Click here for more.
The breeding herd was down slightly from last year at 5.85 million head but up from the previous quarter.
At 27.4 million head, the March to May 2014 pig crop was down 5 percent from 2013. Nearly 3 million (2.8 million) sows were farrowed during this period, representing 48 percent of the breeding herd.
The average pigs saved per litter also dipped to 9.78, down from 10.31 last year. Smaller operations, those with up to 99 hogs and pigs, reported 7.8 pigs were saved per litter. Operations with more than 5,000 hogs and pigs reported 9.8 pigs saved per litter.
Hog producers intend to farrow 2.89 million sows during June to August 2014, up slightly from the actual farrowings last year but down 1 percent from 2012. Intended farrowings for September to November 2014 is at 2.88 million sow, up 4 percent from 2013.