The Quarterly Hogs and Pigs Report shows hog numbers are down 1 percent from September of last year, but up 2 percent since June. 

Amidst African swine fever, inflation, and policy challenges, the global pig market remains strong, according to the Global Animal Protein Sector’s quarterly report. At the top of the pork chain is North America, while demand improves in the European Union with tighter supplies and fluctuation in Asian country supply and demand due to pandemic shutdowns and African swine fever outbreaks. 

Despite the current challenges due to COVID-19, U.S. meat exports are on a record pace through February, according to the USDA.