Analysis Leads to Prediction of Record High Hog Slaughter

USDA has not issued an official hog slaughter tally for the month of August – but Reuters has analyzed daily data and is projecting that 9.9-million head were slaughtered during the month. That’s the highest-ever for August and is at least partly attributed to record-high feed costs caused by the worst drought in five decades. Jim Robb – Director of the Livestock Marketing Information Center – notes the pace of slaughter normally increases in the fourth quarter. If that happens – Robb says hog prices are headed lower. The prices of hog futures at the Chicago Mercantile Exchange are already hovering around 20-month lows. Another reason for the push to slaughter – according to analysts – is cooler weather – which helped hogs gain weight faster. Robb adds that the conception rates of sows are better in the first half of the year – resulting in more hogs coming to market in the second half. is dedicated to serving the agricultural industry in the Carolinas and Virginia with the latest ag news, exclusive regional weather station readings, and key crop market information. The website is a companion of the Southern Farm Network, provider of daily agricultural radio programming to the Carolinas since 1974. presents radio programs, interviews and news relevant to crop and livestock production and research throughout the mid-Atlantic agricultural community.