Farms.com Home   News

Pork consumption continues to disappoint

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."

Click here to see more...

Trending Video

Turning Data into Better Decisions: BioCV's Intelligent Monitoring System for Modern Pork Producers

Video: Turning Data into Better Decisions: BioCV's Intelligent Monitoring System for Modern Pork Producers

In this exclusive interview, Jens Kjaer, CEO of BioCV Inc., discusses the North American launch of the BioCV Intelligent Sow Monitoring System and how advanced sensor technology and machine learning are changing the way producers manage sow herds. Using smart ear tags that continuously monitor temperature, behavior, and movement, the system provides real-time alerts for heat detection, farrowing, fever, lameness, and other critical health events—often before they become visible to barn staff.

Kjaer explains how the technology helps producers improve breeding efficiency, reduce non-productive days, identify health challenges earlier, and better support sows during farrowing. He also shares how BioCV's predictive analytics can help operations optimize labor, improve piglet survival, reduce sow losses, and enhance overall productivity in today's increasingly data-driven swine industry.

Learn how this innovative technology is giving producers actionable insights on every sow, every day, helping teams move from reactive management to proactive decision-making while improving both animal welfare and profitability. www.biocv.info/lisa-sow