USDA released its quarterly Hogs and Pigs report today. The inventory of all hogs and pigs on 1 December was 75.5 million head, up 1 percent from December 2024, and up slightly from 1 September 2025.
Breeding inventory, at 5.95 million head, was down 1 percent from last year and up slightly from September. Market hog inventory, at 69.6 million head was up 1 percent from last year and up slightly from September.
The September to November pig crop, at 34.34.99 million head, was even with last year. Sows farrowing during this period totaled 2.93 million head, also even with last year. The sows farrowed during this quarter represented 49 percent of the breeding herd. The total number of hogs under contract, owned by operations wit...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
