Industry Analysis & Industry Trends
Over the past five years, the Hog and Pig Farming industry has suffered the effects of falling prices. A huge hit to the price of feed substantially decreased revenue, and price-based competition from other meats like beef and poultry has kept revenue down, even as consumer demand for pork has risen. The five years to 2022 hold more of the same for the industry. With the stagnating growth of per capita pork consumption and continually falling prices of red meat and poultry, revenue will continue to decline... 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 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 2.7% of industry farm. Las.. purchase to read more