WASHINGTON (RFD-TV) — The latest Quarterly Hogs and Pigs Report (PDF Version) from the U.S. Department of Agriculture (USDA) shows the domestic hog herd slipping again, with 74.5 million head on September 1, 2025, down one percent from a year earlier.
The breeding herd dropped two percent to 5.93 million head, while the market hog inventory of 68.5 million was also off by one percent. The June–August pig crop fell three percent from 2024 to 34.1 million head, even as pigs saved per litter inched higher to 11.82.
Producers signal further cutbacks, with sow farrowing intentions down two percent for September–November and slightly lower for December–February. The numbers came in weaker than some industry expectations, which had anticipated modest herd growth after earlier declines.
Analysts note continuing pressure from productivity and disease challenges, including Porcine Reproductive and Respiratory Syndrome (PRRS), which has reduced output in key regions.
Tony’s Farm-Level Takeaway: Lower inventories and cautious farrowing plans suggest tighter hog supplies into 2026, keeping producer margins sensitive to demand trends and health risks.
Larger grain stocks increase supply pressure, but strong fall disappearance — especially for corn and sorghum — suggests demand remains an important offset.
January 13, 2026 01:02 PM
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Record corn and sorghum crops boost feed grain supplies, while reduced soybean and cotton production tighten outlooks for oilseeds and fiber markets.
January 13, 2026 12:53 PM
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Food prices increased in December, but not as much as expected, according to the latest Consumer Price Index from the U.S. Bureau of Labor and Statistics.
January 13, 2026 12:46 PM
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Lewis Williamson with HTS Commodities joined us to provide analysis on the January WASDE report and expectations for grain markets going forward.
January 13, 2026 12:34 PM
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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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Market reaction was bearish for corn and soybeans, with analysts noting that abundant supplies amid tepid demand could keep price pressure on agricultural commodities.
January 12, 2026 03:51 PM
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