• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Hog & Pig Farming in the US Product Image

Hog & Pig Farming in the US

  • Published: June 2013
  • Region: United States
  • 36 pages
  • IBISWorld
Stuck in the sty: Profit eludes the industry as feed and oil prices soar, and epidemics sully the swine

Stuck in the sty: Profit eludes the industry as feed and oil prices soar, and epidemics sully the swine

Hog & Pig Farming in the US

This little pig stayed home

High oil and feed prices and internal and external competition have been hampering the industry over the past five years. Unfortunately, even with economic recovery on the horizon, the industry will continue to decline. Corn's strong ties to oil and the volatility that can arise from such a link will continue to keep industry firms chasing profit instead of making it. Also, competition from other meat sources in light of perceived health issues will hinder pork's popularity.

Establishments in this industry primarily farm hogs and pigs in farrow-to-finish operations that include breeding, farrowing, weaning and raising feeder pigs or market-size hogs. The term "pig" usually refers to the domestic mammal when it is young or small, while "hog" is the name typically given to domesticated pigs that weigh more than 120 pounds. While hog feedlots are included in the industry, the transportation of the livestock is excluded.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

MAJOR COMPANIES.

Smithfield Foods Inc.

Note: Product cover images may vary from those shown

RELATED PRODUCTS

Our Clients

Our clients' logos