hog barns farm and wind turbines in Iowa corn field DarcyMaulsby/iStock/Thinkstock

LIVESTOCK MARKETS: USDA ‘Hogs & Pigs’ report comes in as expected

Exports and domestic demand key as expansion continues.

Pork exports, domestic consumption and low feed costs will remain key for to the hog sector, analysts said Thursday after the release of the U.S. Department of Agriculture’s latest quarterly “Hogs & Pigs” report, which, as expected, showed that hog sector expansion continues. USDA reported that U.S. inventory of all hogs and pigs on March 1, 2018, was 72.9 million head, 3% above the inventory for the same period last year but 1% below the Dec. 1, 2017 inventory. The

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