Tag Archives: Pork

The quarterly hogs and pigs report released by the USDA showed that in the third quarter of 2020 the US hog inventory was up 1% vs. year ago levels.

According to USDA the US inventory of all hogs and pigs on September 1, 2020 was 79.1 million head. This was up 1% from September 1, 2019, but down 1% from June 1, 2020. Breeding inventory, at 6.33 million head, was down 2% from last year, but up slightly from the previous quarter. Market hog inventory, at 72.8 million head, was up 1% percent from last year, but down 1% from last quarter. The June-August 2020 pig crop, at 35.1 million head, was down 3% from 2019. Sows farrowing during this period totaled 3.18 million head, down 3% from 2019. The sows farrowed during this quarter represented 50% of the breeding herd. The average pigs saved per litter was 11.04 for the June-August period, compared to 11.11 last year.

US hog producers intend to have 3.12 million sows farrow during the September-November 2020 quarter, down 5% from the actual farrowings during the same period one year earlier, and down 3% from the same period two years earlier. Intended farrowings for December 2020-February 2021, at 3.11 million sows, are down 1%
from the same period one year earlier, but up slightly from the same period two years earlier.

The total number of hogs under contract owned by operations with over 5,000 head, but raised by contractees, accounted for 47% of the total United States hog inventory, down 1% from the previous year.

Darrell Holaday, Country Futures, believes there is some discrepancy between the USDA data and the cash hog market. Cash hogs continue to move higher which doesn’t line up with a larger supply as the data indicates.

On Friday, Taiwanese President Tsai-Ing-wen said the territory would soon lift restrictions on U.S. pork and beef, paving the way for an eventual free trade agreement with America. Since 2007, Taiwan has denied market access to U.S. pork raised with ractopamine, despite an overwhelming body of scientific evidence that demonstrates the safety of the feed additive. Ractopamine is widely used as a feed ingredient in global beef and pork production. It is approved for use in production by nearly 30 nations and by the CODEX Alimentarius, the international standard-setting organization. Imports of pork raised with ractopamine are accepted by 75 countries. Although ractopamine use by hog farmers is not widespread, it is an option that is safe and acceptable.

The National Pork Producers Council appreciates that Taiwan is indicating it will soon lift all non-tariff barriers to U.S. pork and is grateful for the work of U.S. Trade Representative (USTR) and the USDA to tear down barriers to U.S. pork exports all over the world. NPPC will continue to defend the right of U.S. hog farmers to use production processes and products that are safe. NPPC opposes government mandates that, with no scientific backing, dictate production practices and unnecessarily increase food prices and inhibit consumer choice.

Sasse Statement on Trade with Taiwan
U.S. Senator Ben Sasse, a long-time advocate for Nebraska trade and member of the Senate Finance Committee, issued the following statement after Taiwan’s President announced a proposal to open up Taiwan’s market to American beef and pork products.

“This is great news. Nebraska’s farmers and ranchers are among the hardest workers in the world and they deserve to sell their products across the globe. More Nebraska beef and pork are about to be served at dinner tables all across Taiwan and they will keep coming back for more.”