U.S. hog producers intend to have 2.93 million sows farrow between September 2023 and November 2023, and 2.91 million sows farrow between December 2023 and February 2024.
Surveyed producers were asked to report their cattle inventories as of Jan. 1, 2023, and calf crop for the entire year of 2022 by internet, mail, telephone or in-person interview.
As of Dec. 1, there were 73.1 million hogs and pigs on U.S. farms, down 2% from December 2021 and down 1% from Sept. 1, 2022, according to the Quarterly Hogs and Pigs report that was recently published by the U.S. Department of Agriculture’s National Agricultural Statistics Service.
Spare parts inventory optimization is great. It helps companies identify where they are holding too much spare parts inventory and correct those holdings to reflect their expectation of current needs.