Pig production expansion in the U.S. stopped

Published 2021년 4월 7일

Tridge summary

The number of pigs in the United States has decreased by 1.8% since March 2020, dropping to 74.77 million. This decline is observed across all categories, with a predicted 1.7% decrease in sows expected to farrow between December 2020 and May 2021. Additionally, productivity of sows has declined, leading to a 0.5% decrease in the average number of piglets per litter. Analysts, including Genesus, argue that the USDA's growth forecast is unrealistic due to a 4% year-on-year decrease in pig slaughter in the first eleven weeks of 2021, low pork cold store stocks, a significant rise in slaughter pork prices, and futures.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the United States, the signs in the pig market are no longer pointing to expansion; the farmers have stocked up their stocks again since September 2020. The consequences of this development are already noticeable in falling battle figures and significantly rising prices. According to data from the US Department of Agriculture (USDA), a total of 74.77 million pigs were still kept nationwide as of March 1, 2021; that was around 1.4 million animals or 1.8% less than twelve months earlier. According to the survey, declines were recorded in all animal categories. According to the USDA, a total of 6.11 million sows are expected to farrow between December 2020 and May 2021; that would be 1.7% less than in the same period of the previous year. For the first time in years, the productivity of the sows also showed weaknesses. In the last recorded period from December 2020 to February 2021, an average of 10.94 piglets per litter were born alive; that was 0.5% less than in the same period ...

Source: Top Agrar Online