More Bearish News for Hog Producers

Jason Franken

farmdoc daily, 2025, vol. 14, issue 64

Abstract: The USDA’s March Hogs and Pigs report places the March 1 inventory of all hogs and pigs at 74.6 million head, down about 1.6% from last quarter, and up about 0.6% from a year ago, compared to pre-report expectations for just 0.1% higher. The market hog inventory is also about 0.8% larger than a year ago, while the breeding herd, which was expected to be down almost 3%, is down only 2.1%. The number of market hogs weighing over 180 pounds is 0.6% lower than at the same time last year, while inventories are up 0.3% for the 120-179 weight class in contrast to expectations for a 1.0% decrease, making inventories slightly higher than expected for the two upper weight classes, while the two lower weight classes are both up 1.5% from a year ago. Overall, the number of hogs weighing less than 180 pounds is up just 1.2% from this time last year, and these will be the market hogs arriving at processing plants from April to August.

Keywords: Agribusiness; Livestock Outlook; USDA reports (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/358542/files/fdd040224.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:illufd:358542

DOI: 10.22004/ag.econ.358542

Access Statistics for this article

More articles in farmdoc daily from University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().