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NPB is excited to announce the expansion of the Advancing U.S. Pork Sustainability and Market Value grant program to support pork producers in nine additional states.
Futures have rallied the last two weeks as market participants now expect Q4 production to be less than previously thought. USDA ‘Hogs and Pigs’ survey suggested Sep-Nov slaughter could be up as much as 4% y/y. Instead slaughter since September 1 has been almost unchanged.
Our estimates are that the breeding herd on September 1 was down 2.5% from a year ago. The inventory of market hogs this fall should be adequate based on the pig crop last spring. Supply growth will be limited this winter and next spring as productivity is expected to return to trend and smaller herd limits farrowings.
When baby’s first bite includes pork, their growth and development flourishes. Pork is the perfect protein to help new parents and parents of young children make every bite count during National Family Meals Month.
Hog slaughter beat estimates at +2.3 million head, +3.6% above year ago levels. Expectations are for slaughter to ramp up in the coming weeks. Last year weekly slaughter between mid-September and early October averaged 2.57m head/wk. Given current growth trends, we could see weekly slaughter at or above 2.6 million in the coming weeks.
NPB understands the importance of the Vietnam market for U.S. Pork and will be attending the upcoming USDA Trade Mission in September.
Producers are committed to doing what is right for people, pigs and the planet. National Pork Board shares how the We Care® Ethical Principles guide producers’ decision making.
NPB continues to focus on building the next generation of leaders. The 2024 Real Pork Scholars cohort is kicking off their journey this fall!
USDA thinks pork production in 2025 will increase 1.7% from a year ago. Lower feed costs should help bolster production, but much will depend on the breeding herd in September and December as productivity rate returns to long term trend.
Weather disruptions resulted in lower slaughter early last week. However, with supply expected to recover this coming week, prices came under significant pressure last Thursday and Friday.
NPB hosted a One Health Farm to Fork experience for public health, veterinary and human healthcare personnel to increase knowledge of One Health approaches in animal, human, plant, and environmental health spaces.
Colombia is a Latin American success story for market development, and an upcoming USDA Trade Mission spotlights how this country has been a successful investment over time.
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Find information about sustainability and pork industry ethical principles at porkcares.org.
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