USDA boosts 2015 forecast for pork production

The USDA boosted the 2015 forecast for pork production as higher-than-expected first quarter slaughter totals were reported. USDA has estimated the total US pork production for this year at 24.24 billion pounds, which is 6.1% more than in 2014. Not only were the first quarter slaughter totals higher than expected, according to the National Hog Farmer the recent “Quarterly Hogs and Pigs” report revealed 9% higher December-February pig crop and producers intend to farrow 2% more sows