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