A senior trade analyst says the USDA’s quarterly Hogs and Pigs report not only continued the streak of broken production records, it shows a likelihood that the trend will continue. Altin Kalo of Steiner Consulting Group says record processing rates this month indicate that supply will continue to grow.

About six-point-four-six million sows were kept for breeding as of December 1st, up two percent from last year. Kalo notes that the potential growth is coming from states with smaller populations.

Despite a double-digit percentage drop in Missouri’s hog population, the state’s producers indicated they were keeping 490 thousand sows for breeding in December, up 20 thousand from a year ago.