WASHINGTON -(Dow Jones)- Verbatim Text from USDA U.S.
Hogs and Pigs for period ended June 1, 2017:
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United States Hog Inventory Up 3 Percent
United States inventory of all hogs and pigs on June 1, 2017 was 71.7 million
head. This was up 3 percent from June 1, 2016, and up 1 percent from March 1,
2017. This is the highest June 1 inventory of all hogs and pigs since
estimates began in 1964.
Breeding inventory, at 6.07 million head, was up 2 percent from last year,
and up slightly from the previous quarter.
Market hog inventory, at 65.6 million head, was up 4 percent from last year,
and up 1 percent from last quarter. This is the highest June 1 market hog
inventory since estimates began in 1964.
The March-May 2017 pig crop, at 32.3 million head, was up 4 percent from
2016. This is the second largest March-May pig crop since since estimates
began in 1970. Sows farrowed during this period totaled 3.06 million head, up
3 percent from 2016. The sows farrowed during this quarter represented 50
percent of the breeding herd. The average pigs saved per litter was a record
high 10.55 for the March-May period, compared to 10.48 last year. Pigs saved
per litter by size of operation ranged from 7.70 for operations with 1-99
hogs and pigs to 10.60 for operations with more than 5,000 hogs and pigs.
United States hog producers intend to have 3.06 million sows farrow during
the June-August 2017 quarter, up slightly from the actual farrowings during
the same period in 2016, and up 2 percent from 2015. Intended farrowings for
September-November 2017, at 3.06 million sows, are up slightly from 2016, and
up 4 percent from 2015.
The total number of hogs under contract owned by operations with over 5,000
head, but raised by contractees, accounted for 48 percent of the total United
States hog inventory, up from 47 percent the previous year.
All inventory and pig crop estimates for June 2016 through March 2017 were
reviewed using final pig crop, official slaughter, death loss, and updated
import and export data. The net revision made to the December 2016 all hogs
and pigs inventory was 0.03 percent. A revision of 0.1 percent was made to
the September-November 2016 pig crop. A revision of 0.1 percent was made to
the March 2017 all hogs and pigs inventory.
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(END) Dow Jones Newswires
June 29, 2017 15:15 ET (19:15 GMT)