Saturday, March 26, 2011

Missouri Agriculture USDA Report Indicates Pork Prices Will Rise - Full USDA Report

Missouri Hog and Pig Inventory Down 2 Percent

(COLUMBIA, Mo.) - The March 1, 2011 inventory of Missouri hogs and pigs is estimated at 2.85 million head according to the USDA’s Missouri Agricultural Statistics Service. “Although we saw a decrease in total hogs and pigs this quarter, breeding herd is trending slightly upward, and the average litter rate is at an all-time high,” comments Gene Danekas, Director. Current inventory levels are 50,000 head below December and 150,000 head below last March. Breeding hogs are estimated at 360,000 head, 1 percent above both the previous quarter and a year earlier. Market hogs are estimated at 2.49 million head, 2 percent below December 1, 2010, and 6 percent below March of last year.

The December-February pig crop was estimated at 1.77 million head, up 1 percent from the September-November quarter but down 5 percent from the same period a year earlier. Sows farrowed, at 175,000 sows, were unchanged from the previous quarter but down 20,000 head from last year. Pigs saved per litter, at 10.1, rose 1 percent from the 10 pigs saved in the last quarter and 6 percent from the 9.5 pigs saved the same quarter a year earlier.

Missouri hog producers intend to farrow 180,000 sows during March-May, 10,000 head fewer than were actually farrowed during the same period a year earlier. During June-August, producers also expect to farrow 180,000 sows, 10,000 head fewer than the actual farrowings in the comparable period a year earlier.

United States Hog Inventory up 1 Percent

United States inventory of all hogs and pigs on March 1, 2011 was 64.0 million head. This was up 1 percent from March 1, 2010, but down 1 percent from December 1, 2010.

Breeding inventory, at 5.79 million head, was up slightly from last year, and up slightly from the previous quarter. Market hog inventory, at 58.2 million head, was up 1 percent from last year, but down 1 percent from last quarter.

The December 2010-February 2011 pig crop, at 28.0 million head, was up 1 percent from 2010 but down 2 percent from 2009. Sows farrowing during this period totaled 2.86 million head, down 1 percent from 2010 and down 5 percent from 2009. The sows farrowed during this quarter represented 49 percent of the breeding herd. The average pigs saved per litter was a record high 9.80 for the December 2010-February 2011 period, compared to 9.61 last year. Pigs saved per litter by size of operation ranged from 7.50 for operations with 1-99 hogs and pigs to 9.90 for operations with more than 5,000 hogs and pigs.


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