USDA’s December report places U.S. hogs and pigs at nearly 79 million head, which is down nearly one percent compared to the last quarter. However, the report exceeded expectations in other ways.
“The main surprise is a record September to November pig crop, up more than two percent from a year ago and just above the upper end of the range of pre-report expectations as the marginal cut in sows farrowed was more than offset by 11.92 Pigs per litter. Up more than two percent from last year’s record for the period continuing the upward trend in pigs per litter,” said Jason Franken.
While productivity trends like these are hard to maintain, Franken says there is still room for growth, with pig producers in Denmark currently averaging 15 pigs per litter.
The federal government’s status is far from the only factor moving the markets on Friday. Two critical reports released today on producer inflation and the status of the U.S. cattle herd are also top of mind.
January 30, 2026 12:51 PM
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Record milk output looks strong today, but shrinking replacement numbers mean future supply adjustments could be faster and more volatile.
January 30, 2026 11:44 AM
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A rapidly intensifying winter storm is expected to develop into a bomb cyclone this weekend, affecting the Southeast, southern Virginia, and potentially parts of the mid‑Atlantic and New England.
January 30, 2026 10:52 AM
Brent Graves of StockShowAuctions.com takes us to Grayson County to see the damage from a historic winter ice storm and what it will take to rebuild.
January 30, 2026 09:32 AM
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AFBF Economist Danny Munch shares a closer look at the dairy market and the forces impacting producers today.
January 29, 2026 02:52 PM
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Early indications suggest the U.S. cattle industry may be nearing the end of its liquidation phase. Oklahoma State University livestock economist Dr. Derrell Peel says the industry could be at or near the cyclical low.
January 29, 2026 12:44 PM
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