U.S. Farmers Are Breeding Fewest Hogs in Almost Three Years

U.S. Farmers Are Breeding Fewest Hogs in Almost Three Years
Bloomberg
12/23/2020
Michael Hirtzer and Dominic Carey
(Bloomberg) -- U.S. hog farmers are likely to churn out fewer piglets in 2021 after the coronavirus pandemic closed pork-processing plants and sent animal prices tumbling earlier this year.
The number of sows retained for breeding fell 3% to 6.28 million, the lowest since March 2018, U.S. Department of Agriculture data showed Wednesday. Analysts in a Bloomberg survey projected a 1.9% annual drop.
The overall U.S. hog herd fell 0.9% to 77.5 million. Analysts expected 78.4 million.
© Bloomberg
U.S. inventory held in check by fewer breeding hogs

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