Sunday, November 30, 2008

A Concentration of Wealth in Hogs

I was struck by 1 and 2.
Try out these on your friends. MO livestock economist Ron Plain’s market facts:
1) The smallest 75% of U.S. hog farms produced 1% of the hogs.
2) The largest 1% of U.S. hog farms produced 75% of the hogs.
3) Since 1930 the sow inventory has declined 42%, but pork production rose 221%
4) Jan-Sept pork production was 17.25 bil. lbs, up 9.3% over Jan-Sept of 2007.
5) Jan-Sept pork exports were 3.62 bil. lbs, up 65.8% over Jan-Sept of 2007.
6) Jan-Sept pork imports were 614 mil. lbs, down 16.6% from Jan-Sept of 2007.
7) Pork, beef, and poultry production will all drop in 2009, the first time since 1973.
8) In 2007, swine herds with 1-99 head averaged 7.53 pigs per litter.
9) In 2007, swine herds with 5,000+ head averaged 9.28 pigs per litter.

No comments: