USDA Hogs & Pigs Report 06/29 14:16
US June 1 Hog Inventory Down 1% From Year Ago
2021 2022 2022 as
(1,000 head) (1,000 head) (percent)
All Hogs June 1 73,153 72,524 99%
Kept for Breeding 6,220 6,168 99%
Kept for Marketing 66,933 66,356 99%
Under 50 lbs. 21,354 21,083 99%
50-119 lbs. 18,919 18,811 99%
120-179 lbs. 13,830 13,737 99%
180 lbs. 12,829 12,725 99%
Mar-May 3,034 2,992 99%
Jun-Aug* 3,050 3,019 99%
Sep-Nov* 3,049 3,007 99%
Mar-May Pig Crop 33,233 32,905 99%
(number) (number) (percent)
Mar-May Pigs Per Litter 10.95 11.00 100%
This article was originally posted at 2:16 p.m. on Wednesday, June 29. It
was last updated with additional information at 2:48 p.m. on Wednesday,
OMAHA (DTN) -- United States inventory of all hogs and pigs on June 1,
2022, was 72.5 million head. This was down 1% from June 1, 2021, and down
slightly from March 1, 2022, USDA NASS reported on Wednesday.
Breeding inventory, at 6.17 million head, was down 1% from last year, but
up 1% from the previous quarter.
Market hog inventory, at 66.4 million head, was down 1% from last year,
and down slightly from last quarter.
The March-May 2022 pig crop, at 32.9 million head, was down 1% from 2021.
Sows farrowing during this period totaled 2.99 million head, down 1% from
2021. The sows farrowed during this quarter represented 49% of the
breeding herd. The average pigs saved per litter was 11.00 for the March-
May period, compared to 10.95 last year.
United States hog producers intend to have 3.02 million sows farrow during
the June-August 2022 quarter, down 1% from the actual farrowings during
the same period one year earlier, and down 7% from the same period two
years earlier. Intended farrowings for September-November 2022, at 3.01
million sows, are down 1% from the same period one year earlier, and down
5% from the same period two years earlier.
The total number of hogs under contract owned by operations with over
5,000 head, but raised by contractees, accounted for 50% of the total
United States hog inventory, up 1% from the previous year.
Revisions: All inventory and pig crop estimates for June 2021 through
March 2022 were reviewed using final pig crop, official slaughter, death
loss, and updated import and export data. The revision made to the March
2022 all hogs and pigs inventory was 0.6%. The revision made to the
December 2021-February 2022 pig crop was 0.4%. The net revision made to
the December 2021 all hogs and pigs inventory was 0.3%. A net revision of
1.2% was made to the September-November 2021 pig crop.
"The latest USDA Quarterly Hogs and Pigs report comes as a neutral report
for the market, as trade estimates were nearly spot on in projecting what
the report would unveil," said DTN Livestock Analyst ShayLe Stewart.
"Given that the industry has recently struggled with throughput and
domestic pork demand, seeing slightly lower U.S. hog inventory numbers is
relieving. The market's June 1 inventory totaled 72,524 million head,
which was down 1% from a year ago and down just slightly from the previous
quarter and is the lowest inventory that the nation has seen since 2018.
"Currently, the deferred contracts of December 2022 and February 2023 are
seeing the biggest discounts, as demand remains a questionable variable in
today's market. Seeing the market hogs and pigs by weight groups all
falling by exactly 1% lower than a year ago is mixed news: Yes, numbers
are slightly lower, but to process that many hogs and not see prices
suffer, the market will need to see stronger domestic and international
demand. But given that U.S. hog prices remain substantially higher than
other exporting countries, our export opportunities are limited."
To view the full Quarterly Hogs and Pigs report, visit
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