Pork consumption continues to disappoint

Apr 24, 2023

Despite some reprieve in feed costs, pork producers are currently losing $28 per head on open market hogs. Based on anticipated producer response to weaker returns and the farrowing intentions detailed in the latest USDA Hogs and Pigs report, RaboResearch analysts expect tighter hog supplies beginning late fourth quarter, into early 2024.

According to Rabobank's April North American Agribusiness Review, prices have dropped 20% from 2022 levels, with average weekly slaughter running above 2.4 million through March and year-to-date slaughter up 1.4% year-over-year.

"As the industry moves through the near-term bulge in heavy weight hog supplies indicated in the latest Hogs and Pigs report, we expect Q2 2023 slaughter levels to drop below year-ago, and prices to firm."

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Video: How Data Predicts Swine Outbreaks - Swaminathan Jayaraman

In this episode of The Swine it Podcast Show Canada, Swaminathan Jayaraman, Research Assistant and PhD Candidate at Iowa State University College of Veterinary Medicine, explains how integrated data systems can improve disease surveillance in swine production. He discusses combining diagnostics, animal movement data, production records, and spatial analytics to identify risks earlier and support proactive decision-making for PRRS, PED, and swine influenza. Listen now on all major platforms!

"Disease surveillance remains largely reactive because outbreaks are often confirmed only after transmission has already occurred across multiple connected production sites."

Meet the guest: Swaminathan Jayaraman / swamjay is a Graduate Research Assistant at Iowa State University College of Veterinary Medicine. With academic training in management information systems and engineering, he focuses on integrating diagnostic, production, and movement data to improve disease surveillance and decision support in swine production systems. Listen to Swaminathan Jayaraman on The Swine it Podcast Show Canada, available on all major platforms.