World Perspectives
livestock

Hogs and Pigs Report

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...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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