Pork producers pulling back for 2019?
USA - US pork producers could be pulling back a bit on their herd expansion and for a few different reasonsA report by Jeannine Otto for AgriNews Publications said that while numbers on the 1st December 2018 came in higher than the year previous, certain details surrounding these numbers indicate a different trend.
“A little bit on the lower end of what’s been expected,” were analyst Alton Kalo’s words regarding the farrowing intentions numbers going into 2019.
Those numbers indicate December-February farrowing intentions at 3.11 million litters, up 2.5 percent from a year before and slightly larger than pre-report expectations of up 1.9 percent. This deviated significantly from pre-report estimates.
The September-November farrowings were 3.158 million litters, up 1.8 percent from a year ago and nearly exact with expectations of up 1.7 percent.
The March-May intentions, at 3.147 million litters, up 1.5 percent over a year ago, came in the same as the pre-report estimates.
Bob Brown, commenting on the September-November pig crop, which came in at 33.976 million head, 1.9 percent larger than a year ago and smaller than the pre-report estimates, which had that up 2.4 percent, agreed.
“It looks like we could possibly be rounding off the top here a little bit, kind of slowing things down just a little bit,” he said.
Brown is an independent livestock industry analyst from Edmond, Oklahoma.
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