News

Hog Inventory Down From Year Ago

Hog Inventory Down From Year Ago

Photo: clipart.com

Spencer, IA: (Dec. 30, 2013) – Friday’s Quarterly Hogs & Pigs report showed the number of hogs & pigs on U.S. farms on December 1st down about 1 percent from one year ago, suggesting there will be fewer hogs headed to slaughter in the months ahead. The hog herd, at 65.94 million, is around 400,000 fewer than the average trade guess.

The U.S. Department of Agriculture reported the breeding herd at 5.7 million head, down 1.1% from a year earlier. Analysts had expected the breeding herd to be 1% larger. Trade sources say that, in spite of the cheapest feed costs in three years, hog producers remain reluctant to aggressively expand their breeding herds….yet.

Don Roose, with U.S. Commodities in West Des Moines, notes that the farrowing intentions rise in the months ahead, with the December-February farrowing intentions up 1% from a year earlier. That, he says, indicates plans farmers have to retain more sows for breeding in the future. Pigs from those farrowings will be marketed in early summer. Roose says that will offset some of the tightness in supply due to death loss from the PED virus.

Local Headlines

in Local

Law Enforcement Reports

lawenforcement1240

Law Enforcement Reports...

in Local

Osprey Cam Back Up

osprey

The Dickinson County Nature Center's live Osprey web cam is back up and live...

in Local

Skate Park Safety Solutions

OLYMPUS DIGITAL CAMERA

The Spencer skate park is getting some extra attention to make it a safer place for all in the community...

in Local

Presidential Disaster Declaration Approved

cash1240

President Barack Obama has approved a Presidential Disaster Declaration for all counties in the KICD listening area except for O'Brien...

in Local

Thanks With Franks

hotdogs

Spencer Crazy Days kicks off tonight with Thanks With Franks...