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Modest increase in US hog inventory

Market hogs accounted for 70.4 million, while breeding inventories reached 6.04 million.

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The U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS) released its Quarterly Hogs and Pigs report today, showing that as of September 1, 2024, there were 76.5 million hogs and pigs on U.S. farms, reflecting a slight increase from the same period last year and a 2% rise compared to June 1, 2024. The report provides a snapshot of the current hog and pig inventory, as well as insight into production trends for the coming months.

Key Findings:

  • Total inventory: Of the 76.5 million hogs and pigs, 70.4 million were market hogs, while 6.04 million were kept for breeding purposes.
  • Pig weaning down: Between June and August 2024, 35.0 million pigs were weaned on U.S. farms, down 1% from the same time last year.
  • Litter rates: U.S. producers weaned an average of 11.72 pigs per litter from June through September 2024.
  • Farrowing intentions: Hog producers plan to have 2.96 million sows farrow between September and November 2024, and 2.93 million sows farrow between December 2024 and February 2025.
  • Top producing states: Iowa remains the top hog-producing state, with an inventory of 25.5 million head, followed by Minnesota at 9.4 million and North Carolina at 8.2 million.

The report provides a detailed breakdown of breeding and market inventories, farrowing intentions, and piglet survival rates, which are critical indicators for future pork supply and industry planning.

Survey Insights

To compile the report, NASS surveyed 4,535 hog and pig operators across the country during the first half of September, collecting data through online submissions, mail, telephone interviews, and face-to-face meetings. This comprehensive data collection effort aims to ensure an accurate and timely measurement of the U.S. swine industry.

Industry Reaction and Outlook

The increase in hog inventory reflects the steady demand for U.S. pork products domestically and internationally. However, the slight drop in the number of pigs weaned signals potential production challenges that may affect future supplies.

Experts will be available to discuss the findings in a live #StatChat hosted on the @usda_nass X (formerly Twitter) account today at 4 p.m. EDT. Industry stakeholders and members of the public are invited to join the conversation by using the hashtag #StatChat.

The complete Quarterly Hogs and Pigs report, along with other NASS publications, is available online at www.nass.usda.gov.

What’s Next?

As the hog industry gears up for the fall season, all eyes will be on market conditions, export demand, and any shifts in feed costs that could impact future production. With Iowa, Minnesota, and North Carolina leading the way in hog numbers, producers will be closely monitoring herd health and productivity metrics as they prepare for the end-of-year push.

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