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The Pork Industry at a Glance - National Pork Board

The Pork Industry at a Glance - National Pork Board

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Quick Facts<br />

Introduction<br />

Quick Facts<br />

Table of<br />

<strong>Pork</strong><br />

Did You <strong>Pork</strong> <strong>The</strong> History<br />

FAQ<br />

Contents Checkoff Know Facts of <strong>Pork</strong><br />

Timeline<br />

Does the USDA buy any pork for<br />

our school lunch programs?<br />

Yes. For 2009/2010, USDA bought 100 million<br />

pounds, valued <strong>at</strong> $165 million, for food assistance<br />

programs, including food aid, school<br />

lunch and breakfast. Also,<br />

the <strong>Pork</strong> Checkoff develops<br />

nutritionally balanced<br />

pork recipes, from <strong>Pork</strong><br />

Taco Pasta with Chipotle<br />

Cream to Asian Pepper Pot<br />

with Ham, for school lunch<br />

programs.<br />

Wh<strong>at</strong> is the current U.S. daily<br />

slaughter capacity for pigs?<br />

It is currently about 444,925 head, up from<br />

428,335 in 2007 and 407,875 in 2004.<br />

Wh<strong>at</strong> is the market price for<br />

hogs today?<br />

Current inform<strong>at</strong>ion on pork economics<br />

and marketing can be found <strong>at</strong> pork.org.<br />

Why are there fewer hog<br />

oper<strong>at</strong>ions?<br />

Due to advances in technology and transport<strong>at</strong>ion,<br />

the proportion of the world’s popul<strong>at</strong>ion required<br />

to produce our food has decreased dram<strong>at</strong>ically<br />

through the years. <strong>The</strong> decline has been even<br />

faster and more pronounced since the advent of<br />

the tractor.<br />

<strong>The</strong> same p<strong>at</strong>tern has applied to all U.S.<br />

agricultural sectors. Economies of size and<br />

technology have allowed fewer people to care for<br />

more hogs <strong>at</strong> a lower average cost. Every pork<br />

producer group, whether small, mid-sized or<br />

large, contains some oper<strong>at</strong>ions with low costs,<br />

average costs and high costs. Farms with cost<br />

advantages can make adequ<strong>at</strong>e profits <strong>at</strong> prices<br />

th<strong>at</strong> may not provide sufficient profits to highercost<br />

producers. As the higher-cost farms exit<br />

the industry, their market share is captured by<br />

existing producers or newcomers to the industry.<br />

<strong>The</strong> net effect is for fewer, larger pork farms.<br />

10 Frequently Asked Questions

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