ANALYSIS: Rising Hog Slaughter and Market Supply
As of yesterday's close, the year-to-date total hog slaughter reached 82,805,400 head, marking a 1.2% increase compared to this same period last year, which stood at 81,790,000 head, according to the USDA’s Federally Inspected Hog Slaughter figures.
The data indicates that 2024 has seen higher weekly hog slaughter numbers, particularly at the beginning of the year due to winter weather disruptions that backlogged hogs, and from June to August, surpassing levels from the past two years as well as the three-year average...
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