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."

Click here to see more...

Video: Unveiling a Breakthrough Genetic Solution for Future-Proof, Sustainable Pork Production

Marcel Huijsmans, Global Marketing Director at Topigs Norsvin tells us about their new genetic solution R3silience that offers a solid alternative to how the industry can approach disease management.

R3silience delivers scientifically proven, naturally resilient pigs that thrive under disease pressure, enabling more predictable, sustainable production by reducing losses and sustaining growth under disease challenge.

R3silience pigs deliver higher survival, stronger overall performance, and healthier herds - reducing wean-to-finish mortality by up to 6 percentage points during multifactorial PRRS outbreak*.

R3silience pigs not only show higher survival, but also deliver superior growth, improving daily weight gain by up to 0.04lbs. per day under multifactorial PRRS outbreak.*

Pigs with enhanced resilience to both viral and bacterial diseases require fewer health interventions and up to 8% less antibiotic treatments from wean-to-finish*, supporting better animal welfare.

For more information visit https://topigsnorsvin.com/products/r3...