Economists are closely watching the hog market, saying pork supplies continue to grow despite a drop in breeding inventory.
Scott Brown with the University of Missouri says from March through May, there was a record 11.56 pigs per litter. He tells Brownfield Ag News, however, breeding inventories were down around 3 percent from a year ago. He does not expect the market to make any big moves anytime soon but he says as the year comes to a close, they will likely be more supplies in the marketplace.
As of June 1st, inventory was up 1 percent on the year.
Related Stories
RanchHER Season 2, Episode 7
Premieres Tue, 10/22/24 – 9 PM ET | 8 PM CT | 7 PM MT | 6 PM PT
Premieres Tue, 10/22/24 – 9 PM ET | 8 PM CT | 7 PM MT | 6 PM PT
Janie joined Suzanne Alexander on RFD-TV’s Market Day Report to discuss the mid-season premiere of RanchHER. She also shared some exciting personal news that has deepened her respect for the powerful female ranchers featured on the show.
