Livestock Marketing Information Center

Current Situation and Analysis
Last Updated: 4/7/2017
U.S. HOG NUMBERS CONTINUE HIGHER

The Quarterly Hogs and Pigs report by USDA’s National Agricultural Statistics Service (NASS) was released On March 30th. As of March 1, the NASS survey said the national breeding herd was 1.5% above a year ago. Six out of the last seven years have posted breeding herd growth. The number of market hogs was record large at 64.9 million head (up 4.4% year-over-year). That market hog number came from December-February increases in both sows farrowed (up 2.8% year-over-year) and pigs saved per litter (increasing 1.8% from a year ago).


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U.S. PORK SECTOR NET TRADE VALUE UP IN ‘16

After a lackluster 2015, on a dollar basis, the U.S. pork industry posted a modest year-over-year improvement in net exports for 2016. Here we summarize trade across the industry which includes meat, as well as non-meat items including: Variety meats; tallows and greases; and live animals.   


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CROP PLANTING INTENTIONS SHOW 2 MILLION ACRE DECLINE FROM ‘16

The U.S. will have the lowest wheat plantings since 1919 along with a 4 million acre decline in intended corn seeding’s this spring. Producers intend to plant 89.5 million acres of soybeans, up 6 million acres from 2016’s. Cotton plantings are also expected to increase, jumping 21% year-over-year to 12.0 million acres. Overall, producers report that there will be a 2 million acre decline in total principal crops planted area in 2017 versus a year ago, according the USDA-NASS Prospective Plantings report.


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