March 1 Hogs & Pigs Report

Graphic -- MARCH 1 ALL HOGS AND PIGS U.S. Inventory

The March 1 Hogs and Pigs report was recently released by USDA NASS which indicated hog supplies are tighter than expected. The report showed that all hogs and pigs were down 1.8% to 74.773 million head which was opposite of pre-report estimates expecting a 0.1% increase from a year ago. The breeding herd was reported at 6.215 million head, down 2.5% and a sharper decline than pre-report estimates, which expected a 1.1% decline.     

For more on this topic, see the Livestock Monitor article below.