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: Evidence-Based PRRS Elimination Methods - Dr. Brent Pepin

In this episode of The Swine it Podcast Show, Dr. Brent Pepin, Director of Swine Health at the National Pork Board, explains how a systematic review of porcine reproductive and respiratory syndrome virus elimination methods is helping shape future herd health strategies. He discusses evidence-based farm and regional approaches, research gaps, and practical guidance to support informed decision-making across the swine industry. Listen now on all major platforms!

Click here to learn more: https://porkcheckoff.org/research/sys...

"Disease status sharing gives producers the opportunity to make real-time decisions that reduce PRRS prevalence and protect regions from new exposure."

Meet the guest: Dr. Brent Pepin / brent-pepin-dvm-ms-7988066b is Director of Swine Health at the National Pork Board. After earning his DVM and M.S. from Iowa State University, he built extensive experience in swine veterinary practice, research, and herd health management. His current work focuses on disease control, traceability, and improving herd health across the U.S. swine industry. Listen to Brent Pepin on The Swine it Podcast Show, available on all major platforms.