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Hog Slaughter was Up Last Week and a Good Year for Pork Demand

2013-12-16 22:07:00| National Hog Farmer

Something unusual happened last week: U.S. hog processing plants harvested more pigs than they did one year ago. In fact, that is the first time such a statement could be made since the week of August 16. And, as can be seen in Figure 1, last week’s slaughter run was still below the level suggested by the September Hogs and Pigs Report estimate for the inventory of pigs weighing 50 to 119 lb. back on Sept. 1. Since Sept.1, FI slaughter has been 4.1% smaller than last year, and 2.8% smaller than the level I had forecast based on USDA’s Sept. 1 inventories. read more

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