Hog farms declined 2% from January 2023
8 April 2024
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Contraction within the Canadian swine herd is forecast to proceed in 2024, in line with a up to date US Division of Agriculture (USDA) International Agricultural Data Community (GAIN) file.
Upper than expected sow productiveness in 2023 in part offset better slaughter and export numbers with the start hog stock down 140,000 head in comparison to 2023; relatively, the Canadian herd gotten smaller by way of 265,000 head from January 2022 to January 2023.
Starting sow shares display a 2% aid within the sow herd to start 2024, representing the smallest January 1 sow numbers since 2015.
The collection of farms reporting hogs declined 2% in comparison to January 1, 2023, indicating that manufacturers proceed to go out the trade.
As a sign of ongoing trade consolidation, the typical collection of animals on ultimate operations greater relatively.