U.S. and Canadian Market Hogs Down 2% Compared to a Year-Ago

Submitted by Suze Nolin on Fri, 03/10/2023 - 08:30

 

  • US & CAN HogsAll North American Hogs and Pigs were reported at 87.0 million head, up 835 thousand head or +1.0% from the previous report however were 1.6 million head or -1.8% under year ago levels. Canadian All Hogs and Pigs edged +0.2% higher on the latest report to 13,930 thousand head, which brings them 240 thousand head or -1.7% under last year.
     
  • North American Market hogs increased 850 thousand to 79.6 million head, up +1.1% from last reported and brings the current market hog inventory 1.6 million head or -2.0% under year-ago levels. Canadian market hog inventories are 230 thousand head or -1.8% lower than the year previous.
     
  • The North American Breeding herd slipped 14 thousand head under the inventories last reported in August for the Q1/Q2 2022 period, bringing the latest reporting period 19 thousand head or +0.3% over Q3/Q4 of 2021. Canada's breeding herd recorded no change from previously reported, however the current inventory is 10 thousand head or -0.8% under the year previous.
     
  • US & Canadian sows farrowed were reported +1.7% or 118 thousand head higher than the previously reported tally, however came in -1.4% or 102 thousand head under last year. The pig crop rose +3.0% from Q1/Q2 2022 period however fell -1.3% from year-ago levels. Sows farrowed in Canada fell 12 thousand head or -1.0% from last reported and is 20 thousand head or -1.6% under last year. Canada's pig crop was recorded -1.4% lower; 202 thousand head lower than previous reported and 215 thousand head under last year.

    US & CAN Hogs Chart