The National Pork Producers Council has released a new economic contribution report detailing the significant impact America’s pig farmers have on the U-S economy.
The report highlights the pork industry’s value chain contributions and trends in production and industry structure.
Key takeaways in the report include that the pork industry supports an estimated 573,311 direct, indirect, and induced jobs in the United States.
In addition, last year more than 60-thousand pig farms sold more than 149 million hogs worth over 27-billion dollars in gross cash receipts.
And the pork industry generates significant economic activity through its purchase of inputs. Feed inputs, such as corn and soybean meal, account for an estimated 52 percent of the total U-S production costs with purchases valued at nearly 13-billion dollars a year.
