USDA Shows Bigger Decrease to Hog Inventories Than Expected — Market Talk

The USDA says that total hog and pig inventories through Sept. 1 totaled 74.3 million head, a 1.5 percentage-point reduction from the same time last year. It's a bigger decrease than expected by most analysts, who were largely anticipating a decrease of less than one point. Hogs kept for breeding a…