USDA released its quarterly hogs and pigs report yesterday. The inventory of all hogs and pigs on 1 September was 74.5 million head, down 1 percent from September 2024, but up 1 percent from 1 June 2025.
Breeding inventory, at 5.93 million head, was down 2 percent from last year, and down slightly from the previous quarter. Market hog inventory, at 68.5 million head, was down 1 percent from last year, but up 1 percent from last quarter.
The June-August 2025 pig crop, at 34.1 million head, was down 3 percent from 2024. Sows farrowing during this period totaled 2.88 million head, down 3 percent from 2024. The sows farrowed during this quarter represented 48 percent of the breeding herd. The total number of hogs under contract, o...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
