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.
Structural efficiency supports cattle prices and resilience — breaking it risks higher costs and greater volatility.
January 13, 2026 08:00 AM
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Strong pork demand and improving beef exports outside China support protein markets despite ongoing trade barriers.
January 13, 2026 06:00 AM
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Winter Weather, Drought Shape Early 2026 Farm Conditions
January 12, 2026 11:00 AM
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Protein markets are fragmenting. Beef is supply-driven and more structurally expensive, whereas pork and poultry remain price-competitive.
January 10, 2026 07:00 AM
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Tight fed supplies shift margin risk to packers, strengthening cattle price leverage but increasing volatility.
January 09, 2026 03:36 PM
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Expanding chicken supplies are likely to keep prices under pressure in early 2026 despite steady demand growth.
January 09, 2026 11:00 AM
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