Max Supply & Trade Turmoil Underlies December Hogs and ...
Thursday’s December Quarterly Hogs and Pigs Report came in close, but a little under what economists expected. (See coverage from the June 2018 and Sept 2018 reports.). According to USDA’s count of all hogs and pigs on Dec. 1, 2018, total inventory was 74.6 million head, up 2% from a year ago, but down 1% from the Sept. 1, 2018 report.