Thursday Sept 26 Hogs & Pigs and Cold Storage Reports

 NEBRASKA HOG INVENTORY DOWN 4%

Nebraska inventory of all hogs and pigs on September 1, 2024, was 3.65 million head, according to the USDA's National Agricultural Statistics Service. This was down 4% from September 1, 2023, but unchanged from June 1, 2024. Breeding hog inventory, at 420,000 head, was up 2% from September 1, 2023, and up 8% from last quarter. Market hog inventory, at 3.23 million head, was down 5% from last year, and down 1% from last quarter.

The June - August 2024 Nebraska pig crop, at 2.22 million head, was up 2% from 2023. Sows farrowed during the period totaled 190,000 head, up 3% from last year. The average pigs  saved per litter was 11.70 for the June - August period, compared to 11.80 last year.

Nebraska hog producers intend to farrow 190,000 sows during the September - November 2024 quarter, up 3% from the actual farrowings during the same period a year ago. Intended farrowings for December 2024 - February 2025 are 190,000 sows, unchanged from the actual farrowings during the same period a year ago.



IOWA HOG INVENTORY UP 2 PERCENT

On September 1, 2024, there were 25.5 million hogs and pigs on Iowa farms, according to the latest USDA, National Agricultural Statistics Service – Hogs and Pigs report. Inventory was up 3 percent from the previous quarter and up 2 percent from the previous year.

The June-August 2024 quarterly pig crop was 5.50 million head, up 6 percent from the previous quarter but down 3 percent from last year. A total of 460,000 sows farrowed during this quarter. The average pigs saved per litter was 11.95 for the quarter.

As of September 1, producers planned to farrow 475,000 sows and gilts in the September-November 2024 quarter and 465,000 head during the December 2024-February 2025 quarter.



United States Hog Inventory Up Slightly

United States inventory of all hogs and pigs on September 1, 2024 was 76.5 million head. This was up slightly fromSeptember 1, 2023, and up 2 percent from June 1, 2024.   Breeding inventory, at 6.04 million head, was down 2 percent from last year, but up 1 percent from the previous quarter.  Market hog inventory, at 70.4 million head, was up 1 percent from last year, and up 2 percent from last quarter.

The June-August 2024 pig crop, at 35.0 million head, was down 1 percent from 2023. Sows farrowing during this period totaled 2.99 million head, down 2 percent from 2023. The sows farrowed during this quarter represented 50 percent of the breeding herd. The average pigs saved per litter was 11.72 for the June-August period, compared to 11.61 last year.

United States hog producers intend to have 2.96 million sows farrow during the September-November 2024 quarter, down slightly from the actual farrowings during the same period one year earlier, and down 4 percent from the same period two years earlier. Intended farrowings for December 2024-February 2025, at 2.93 million sows, are up slightly from the same period one year earlier, but down 1 percent from the same period two years earlier.

Hogs & Pigs by State as of September 1, 2024
                                       (1,000 hd - % of Sept 1 '23)
Iowa .................:           25,500             102  
Minnesota ........:            9,400              103  
North Carolina ..:           8,200             101  
Illinois ..............:            5,600             102  
Indiana .............:            4,500               98  
Nebraska ..........:            3,650               96  
Kansas ..............:            1,980               99  
South Dakota ....:            2,260              102

The total number of hogs under contract owned by operations with over 5,000 head, but raised by contractees, accounted for 53 percent of the total United States hog inventory, up 1 percent from the previous year.

To obtain an accurate measurement of the U.S. swine industry, NASS surveyed 4,535 operators across the nation during the first half of September. The data collected were received online through NASS’s Respondent Portal, by mail, telephone and through face-to-face interviews.



USDA Cold Storage August 2024 Highlights

Total red meat supplies in freezers on August 31, 2024 were down 1 percent from the previous month and down 2 percent from last year. Total pounds of beef in freezers were down 2 percent from the previous month and down slightly from last year. Frozen pork supplies were up slightly from the previous month but down 3 percent from last year. Stocks of pork bellies were down 39 percent from last month and down 30 percent from last year.

Total frozen poultry supplies on August 31, 2024 were up slightly from the previous month but down 5 percent from a year ago. Total stocks of chicken were up slightly from the previous month but down 9 percent from last year. Total pounds of turkey in freezers were down slightly from last month but up 2 percent from August 31, 2023.

Total natural cheese stocks in refrigerated warehouses on August 31, 2024 were down slightly from the previous month and down 6 percent from August 31, 2023. Butter stocks were down 8 percent from last month but up 11 percent from a year ago.

Total frozen fruit stocks on August 31, 2024 were up 3 percent from last month and up 9 percent from a year ago. Total frozen vegetable stocks were up 16 percent from last month but down 11 percent from a year ago.