US pig herd continues to expand nicely
Both slaughter and breeding pig numbers reflected this 2% growth, totalling 67.9 and 6.35 million head respectively.
At 33.0 million head, the December to February pig crop was up 3% from last year, as the number of sows farrowing during this time rose by 2% to 3.08 million.
Sow productivity therefore also increased on year earlier levels from December-February, with the average number of pigs weaned per litter rising to 10.70, compared to 10.58 in March 2018.
There can be little doubt that the US continues to have plenty of pigs, and is set to have even more.
In the period March to May, producers intend to farrow 3.12 million sows, 1% more than the actual number farrowing during the same period last year.
Although this represents a slower rate of growth than last year, when combined with improvements in productivity, it is very likely that pig crops will continue to grow.
This will be enabled by recent expansions in processing capacity.
Despite anticipated increases in production, in the past couple of few weeks pig prices in the US have been rallying sharply.
There is optimism that the African Swine Fever (ASF) situation in China will continue to support the market. ■