U.S. Hog Inventory Shows Modest Growth into Spring

Productivity gains are supporting supply despite limited herd expansion.

A female pig farmer with dirty boots is photographed from the waist up, straddling a pig pen fence, with a white bucket of slop on the ground beside her, sitting on a bed of hay. A little girl is standing on the other side of the white bucket.

FarmHER Jen Welch (Season 1, Episode 2)

FarmHER, Inc.

WASHINGTON, D.C. (RFD NEWS) — The U.S. hogs and pigs herd is holding steady with slight growth, but forward-looking indicators suggest limited expansion as producers manage tighter margins and cautious production plans.

USDA’s March Quarterly Hogs and Pigs Report shows total inventory at 74.3 million head, up slightly from a year ago but down 1 percent from the previous quarter. The breeding herd declined to 5.89 million head, down 1 percent year-over-year, while market hog inventory rose 1 percent to 68.4 million head .

Gains in production are helping offset the smaller breeding base. The December through February pig crop totaled 33.2 million head, up 1 percent from last year, with pigs saved per litter increasing to 11.90, compared to 11.65 a year earlier. That improvement continues a trend of higher efficiency across the sector.

However, expansion signals remain limited. Producers intend to farrow 2.86 million sows in the March-May quarter — only slightly higher than last year — while summer farrowing intentions are down compared to both one and two years ago.

Contract production continues to play a major role, accounting for 53 percent of total inventory, reflecting ongoing structural shifts in the industry.

Looking ahead, stable herd size combined with improved productivity suggests steady pork supplies, but without aggressive growth.

Farm-Level Takeaway: Productivity gains are supporting supply despite limited herd expansion.
Tony St. James, RFD NEWS Markets Specialist
Related Stories
Rural employers are slightly more optimistic, but labor shortages and renewed price pressures continue to limit growth across farm country according to a
Stable U.S. fundamentals continue for major crops, but global adjustments in corn, soybeans, wheat, and cotton may influence early-2026 pricing.
Tariff relief and new trade agreements may temper food costs by reducing import costs.
Grain farms still have strong balance sheets, but another stretch of low profits will force hard cost cuts, especially on high-rent, highly leveraged operations.
Tight Credit, Strong Yields Define Early December Agriculture

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

LATEST STORIES BY THIS AUTHOR:

As domestic production and blending slowed, export demand remained a clear bright spot.
Protein markets are fragmenting. Beef is supply-driven and more structurally expensive, whereas pork and poultry remain price-competitive.
Reducing mental stress and focusing on controllable actions can improve decision-making in high-pressure environments, according to Hollywood actor and former Calif Gov. Arnold Schwarzenegger.
Tight fed supplies shift margin risk to packers, strengthening cattle price leverage but increasing volatility.
Expanding chicken supplies are likely to keep prices under pressure in early 2026 despite steady demand growth.
Prompt removal of Christmas trees and careful handling of decorations reduce winter fire risk during an already high-demand season for emergency services.
Agriculture Shows
Special 3-part series tells the story of the Claas family’s legacy, which changed agriculture forever.
From soil to harvest. Top Crop is an all-new series about four of the best farmers in the world—Dan Luepkes, of Oregan, Illinois; Cory Atley, of Cedarville, Ohio; Shelby Fite, of Jackson Center, Ohio; Russell Hedrick, of Hickory, North Carolina—reveals what it takes for them to make a profitable crop. It all starts with good soil, patience, and a strong planter setup.
Champions of Rural America is a half-hour dive into the legislative priorities for Rural America. Join us as we interview members of the Congressional Western Caucus to learn about efforts in Washington to preserve agriculture and tackles the most important topics in the ag industry on Champions of Rural America!
Featuring members of Congress, federal and state officials, ag and food leaders, farmers, and roundtable panelists for debates and discussions.