June 2007 Hogs & Pigs Report

Here's a link to the June 2007 USDA Hogs and Pigs Report. In brief, there were 62.8 million hogs and pigs in the U.S. on June 1st, up 2% from the prior year. 6.12 million head are considered breeding inventory; market hog inventory was 56.6 million head. Analysis and commentary on the report, including a few news media pieces, can be found via The Pig Site (here). The above graph, perhaps the least sexy image I've ever posted on this blog, shows the last nine years of data about the size of the American swine herd. Note both the seasonality and increasing productivity of the industry, of course.