- The latest US & Canadian Hogs report released by the USDA August 24th reported decreased North American inventories overall, excluding Kept for Breeding which increased 34 thousand head or a half a percent higher than the previous report however is still a full percent or 74 thousand head under last year. North American hogs and pigs were reported at 86.5 million head, down 2.2 million head or -2.4% under the previous report and 1.1 million head or -1.2% under last year.
- Canadian All Hogs and Pigs fell 245 thousand head or -1.7% under the previous report and down 425 thousand head or -3.0% from last year. Notably, All Hogs and Pigs recorded last year was historically high with that range not reached since 2007 while the latest Canadian inventory is the lowest recorded since the back-half of 2015 with the Jul-Dec 2015 data recorded at 13,630 thousand head.
- Canadian market hogs fell 236 thousand head or -1.8% under the previous report and was 403 thousand head or -3.1% under last year.
- Canada's breeding herd slipped 9 thousand head or -0.7% under the previous report and was 22 thousand head or -1.7% under last year.
- Sows farrowed in Canada fell 7 thousand head or -0.6% from last reported and is 27 thousand head or -2.1% under last year. Canada's pig crop climbed a modest 3 thousand head, nearly unchanged from the previous report, however is 439 thousand head or -2.9% under last year.
