Industry Analysis & Industry Trends
This little pig stayed home
High oil and feed prices and internal and external competition have been hampering the industry over the past five years. Unfortunately, even with economic recovery on the horizon, the industry will continue to decline. Corn's strong ties to oil and the volatility that can arise from such a link will continue to keep industry firms chasing profit instead of making it. Also, competition from other meat sources in light of perceived health issues will hinder pork's popularity... purchase to read more
Industry Report - Industry Products Chapter
While livestock raised in this industry are largely homogenous, hog and pig farming operations differentiate themselves according to their stage in the hog raising process. Generally, hog production is a 3-stage process, beginning with the farrowing and ending with finishing. The different types of industry farms include farrow-to-wean, farrow-to-feeder, nursery, farrow-to-finish and finish only farms.
Farrow-to-wean operations are the first stage in hog production; here, piglets are born and suckled by their mother for three weeks. Farrow-to-wean farms account for about 8.5% of industry operations. Next come nursery operations, where weaned piglets spend on average 8 weeks until they grow to about 50 pounds; nursery-only farms account for about 3.0% of industry farm... purchase to read more