US hog industry struggles

The US industry continues to struggle. Hog prices below cost of production is putting a major financial stress on much of the Pork sector. There will be significantly fewer pigs year over year by the end of 2023 and even fewer in 2024.Our ObservationsMajor sow liquidation is underway which will decrease the U.S. sow herd by 4% – 200,000 – 250,000 sows in our opinion. A reflection of the economic conditions but also the ongoing health issue problems that over and over lead to decrease