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Hog and Pig Farming Report Summary

SIC Codes: 0213
NAICS Codes: 112210

Chapters Include

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends and Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms
 

Hog and Pig Farming Industry Overview

Excerpt from Hog and Pig Farming Report

Companies in this industry raise hogs and pigs. No major companies dominate the industry.

Competitive Landscape

Demand is driven primarily by domestic and international trends in pork consumption. The profitability of individual companies depends on efficient operations and reducing the spread of disease. Large companies have advantages in vertically integrating operations from birthing to packaging and distribution. Small operations, typically family-owned farms, can compete by specializing in a single stage of hog farming or by raising animals that are humanely treated, antibiotic-free, or otherwise tailored to buyers' specifications. The US industry is concentrated: about 20 percent of farms account for about 90 percent of revenue.

Products, Operations & Technology

Major services include farrow-to-finish; growing pigs and hogs to finishing; wean-to-finish; and breeding. Other services include farrow-to-wean and nursery operations. The US hog and pig herd consists of about 65 million animals.

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