Hog Market Watches Quarterly Report Amid Light Holiday Trading With Christmas approaching next Thursday, there is not much in the way of new information influencing the grain or livestock markets. Holiday schedules are beginning to thin out trading activity, and market participants are largely positioning ahead of upcoming reports rather than making aggressive moves. One notable exception this week is …
Slightly Higher U.S. Hog Inventory
The USDA National Agricultural Statistics Service (NASS) reported last Friday that as of March 1st, the U.S. Hog Inventory was slightly higher than a year ago. The Quarterly Hogs and Pigs Report indicates as of March 1, 2023 there were 72.9 million hogs and pigs. And while that is slightly higher than March 1, 2022 it is down two percent from December 1, 2022. …
United States Hog Inventory Down
As of June 1, there were 72.5 million hogs and pigs on United States farms, down 1% from June 2021 and down slightly from March 1, 2022, according to the Quarterly Hogs and Pigs report published by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS). NASS surveyed roughly 4,700 operators across the nation during the first half of …

