The September 1 inventory of hogs and pigs was a record high 77.7 million head. That’s up three percent from last quarter and up three percent from one year ago. “We are in a growth industry,” said Joe Kerns, president, Kerns and Associates. “The most pronounced number for me was the number of pigs saved per litter is a new record 11.11.” To offset record supplies, analysts indicate more than 26 percent of U.S. pork production will need to be exported.
