The USDA released its latest Quarterly Hogs and Pigs Report which showed the U.S. inventory of all hogs and pigs on September 1, 2008 was 68.7 million head. This was up 2 percent from September 1, 2007.
Breeding inventory, at 6.05 million head, was down 3 percent from last year and down 1 percent from the previous quarter. Market hog inventory, at 62.6 million head, was up 3 percent from last year and up 2 percent from last quarter. Farrowings were down 2 percent for the quarter but up 6 percent from 2006. Farrowing intentions for September – November are estimated to be down 5 percent from 2007.
Source:
USDA Hogs and Pigs Report