ShapeShapeauthorShapechevroncrossShapeShapeShapeGrouphamburgerhomeGroupmagnifyShapeShapeShaperssShape

USDA Quarterly Pigs and Hogs Report: December 2006

by 5m Editor
29 December 2006, at 12:00am

This quarter's quarterly Hogs and Pigs report from the USDA's National Agricultural Statistics Service. The article provides the report text and graphs, and helps explain what it all means. Link also to the full PDF report.

Introduction

This document aims to pull together, in one place of reference, all the various information generated by the USDA Quarterly report. This document includes:

USDA Quarterly Report: December 2006 What It All Means - Expert Commentary In The News - What The Media Says Graph Data From The Report Hog Inventories by State (external link - select State and navigate to file)

For a PRINTABLE VERSION of the full 24 page report in PDF format, including all the tabular data which is not shown in this article, Click Here

US Quarterly Pigs and Hogs Inventory: December 2006

U.S. inventory of all hogs and pigs on December 1, 2006 was 62.1 million head. This was up 1 percent from December 1, 2005, but down 1 percent from September 1, 2006.

Breeding inventory, at 6.09 million head, was up 1 percent from last year and up slightly from the previous quarter. Market hog inventory, at 56.1 million head, was up 1 percent from last year, but down 1 percent from last quarter.

The September-November 2006 pig crop, at 26.6 million head, was up 1 percent from 2005 and up 3 percent from 2004. Sows farrowing during this period totaled 2.91 million head, up slightly from 2005 and up 1 percent from 2004. The sows farrowed during this quarter represented 48 percent of the breeding herd. The average pigs saved per litter was 9.13 for the September-November 2006 period, compared to 9.03 last year. Pigs saved per litter by size of operation ranged from 7.60 for operations with 1-99 hogs and pigs to 9.20 for operations with more than 5,000 hogs and pigs.

US Quarterly Pigs and Hogs Inventory: December 1

Pigs and Hogs Inventory: December 1

Farrowing Intentions: U.S. hog producers intend to have 2.90 million sows farrow during the December 2006 - February 2007 quarter, up 2 percent from the actual farrowings during the same period in both 2006 and 2005. Intended farrowings for March-May 2007, at 2.93 million sows, are up 1 percent from 2006 and up 2 percent from 2005.

The total number of hogs under contract, owned by operations with over 5,000 head, but raised by contractees, accounted for 38 percent of the total U.S. hog inventory, down from 39 percent last year.

Revisions

All inventory and pig crop estimates for March 2005 through September 2006 were reviewed using final pig crop, official slaughter, death loss, and updated import and export data. Based on the findings of this review, a small adjustment of less than one-half of one percent was made to the June 2006 inventory and September 2006 inventory, along with an adjustment of slightly larger than one-half of one percent to the March-May 2006 pig crop.


What It All Means - Expert Commentary

What the commentators and industry thinkers read into this data:

Ron Plain Ron Plain and Glenn Grimes
Hog report close to trade estimates
The December Hogs and Pigs Report came in very close to trade estimates and our expectations writes Glenn Grimes and Ron Plain.

Mike Brumm Professor Mike Brumm, University of Nebraska
Commentary: December 2006 USDA Hogs and Pigs Report
Dr Mike Brumm comments on the latest USDA Hogs and Pigs report

Jim Long Jim Long
Pork Commentary: Hog Report Shows Limited Expanson
Jim Long comments on the latest USDA Hogs and Pigs report

Chris Hurt Chris Hurt, Purdue University
Hog Producers Say Goodbye To Profits In 2007
Chris Hurt comments on the latest USDA Hogs and Pigs report

John Lawrence Professor John Lawrence, Iowa State University
Pork Supplies Expand into 2007
The USDA numbers were near trade expectations and are not expected to cause a major market adjustment, writes Professor John Lawrence.

Steve Meyer Steve Meyer, Paragon Economics, Inc
Hogs and Pigs Report - Another "Yawner"
Wednesday's Quarterly Hogs and Pigs report from USDA was another "yawner" in terms of surprise numbers writes Steve Meyer. The key numbers (see Table 1) were, with only one exception, within 1% of analysts' pre-report expectations.


Graph Data from the Report

US Quarterly Litter Rate: September - November



US Pigs Per Litter
By Size of Operation: September - November



US Quarterly Sows Farrowed: September - November



US Quarterly Pig Crop: September - November


December 1 Hog Inventory and Market Hogs (US)



March 1 Hog Inventory and Market Hogs (US)



June 1 Hog Inventory and Market Hogs (US)



September 1 Hog Inventory and Market Hogs (US)



Reliability of December 1 Hogs and Pigs Estimates

To review this information, including the Survey Procedures, Estimation Procedures, Revision Policy and Reliability, please download the PDF

Source: Quarterly Hogs and Pigs Report, December 2006 - USDA National Agricultural Statistics Service