Quarterly Hogs and Pigs

Executive Summary

Travis Averill, Chief

Livestock Branch

March 25, 2021
2021 March Hogs & Pigs Survey

Number of Samples

March 25, 2021
U.S. Hogs and Pigs Revisions

Survey Item

Initial

Estimate

(1,000 head)

Current

Revision

(1,000 head)

Net 

Revision

(1,000 head)

Current 

Estimate

(1,000 head)

December 1, 2020 All Hogs and Pigs 77,502 -190 -190 77,312

March 25, 2021
U.S. Hogs and Pigs March 1

2020 2021 % Change from 

(1,000 head) Previous Year

All Hogs and Pigs 76,179 74,773 ↓ 1.8

Breeding Hogs 6,375 6,215 ↓ 2.5

Market Hogs 69,804 68,558 ↓ 1.8

77.3

61

63

65

67

69

71

73

75

77

79

81

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

Million head U.S. Quarterly Hogs and Pigs

March December

76.2

74.8

Top 5 States

Inventory

(1,000 head)

Iowa 23,800

Minnesota 9,000

North Carolina 8,500

Illinois 5,250

Indiana 4,350

March 25, 2021
March 1, 2021 Hogs and Pigs Inventory

(1,000) Head and Percent Change from Previous Year

March 25, 2021
U.S. Hogs and Pigs March 1

2020 2021 % Change from 

(1,000 head) Previous Year

Market Hogs 69,804 68,558 ↓ 1.8

Less than 50 lbs 21,571 21,288 ↓ 1.3

50 – 119 lbs 19,353 19,118 ↓ 1.2

120 – 179 lbs 15,086 14,705 ↓ 2.5

180 lbs or more 13,793 13,446 ↓ 2.5

11

14

17

20

23

26

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021

Million head Market Hogs by Weight Class

LT 50 LBS 50 TO 119 LBS 120 TO 179 LBS GE 180 LBS

March 25, 2021
U.S. Hogs and Pigs March 1

2020 2021 % Change from 

(1,000 head) Previous Year

Sows Farrowed 3,068 3,041 ↓ 0.9

Intentions

Mar – May 3,149 3,070 ↓ 2.5

Jun – Aug 3,260 3,124 ↓ 4.2

3.04 3.07

3.12

2.7

2.8

2.9

3.0

3.1

3.2

3.3

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

Million head U.S. Quarterly Sows Farrowed

Dec-Feb Estimates Mar-May Intentions Jun-Aug Intentions

March 25, 2021
U.S. Hogs and Pigs March 1

2020 2021 % Change from

(1,000 head) Previous Year

Pig Crop 33,745 33,270 ↓ 1.4

(Number)

Pigs per Litter 11.00 10.94 ↓ 0.5

11.05 11.00

10.94

9.50

9.80

10.10

10.40

10.70

11.00

11.30

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

Pigs per Litter U.S. Quarterly Pigs per Litter

December-February September-November

March 25, 2021
Trade Expectations Compared to NASS 

Estimates Percent of Previous Year

March 25, 2021

99.2

99.2

100.7

100.2

98.9

100.1

95.8

97.5

98.6

98.2

97.5

98.2

95.0 97.0 99.0 101.0 103.0

Jun-Aug Farrowings

Mar-May Farrowings

Dec-Feb Pig Crop

Market Hogs

Breeding Hogs

All Hogs and Pigs

Min Trade Range Trade Average NASS
All Hogs and Pigs 

First Estimate vs Final Estimate

59

64

69

74

79

84

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

Million head

Lower Trade Range Trade Range ASB First Estimate ASB Final Estimate

March 25, 2021
Breeding Herd Inventory

Disposition and Utilization

March 25, 2021

December of preceding year. Rows may not add due to rounding. 

Year

Dec 1

Estimate

(1,000 head)

Slaughter

(1,000 head)

Additions

(1,000 head)

Mar 1

Estimate

(1,000 head)

Sow

Utilization

(Percent)

2012 5,803 823 840 5,820 48

2013 5,819 805 822 5,836 48

2014 5,757 779 873 5,851 48

2015 5,939 792 835 5,982 49

2016 6,002 782 760 5,980 49

2017 6,110 802 790 6,098 49

2018 6,179 834 865 6,210 48

2019 6,326 829 852 6,349 49

2020 6,471 873 777 6,375 47

2021 6,276 872 811 6,215 49
Canadian Imports by Quarter

Feeder Pigs and Slaughter Hogs

(1,000 head)

March 25, 2021

84% 85%

84% 85% 85% 84%

84% 84%

84%

85%

83%

83% 82%

83% 85%

84%

79%

16% 15%

16% 15% 15% 16%

16% 16%

16%

15%

17%

17% 18%

17% 15%

16%

21%

1,409 1,412 

1,327 1,326 1,326 1,320 

1,257 1,222 

1,398 

1,262 

1,124 

1,267 1,275

1,221 1,209 

1,352 

1,533 

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

2017 2018 2019 2020 2021

Feeder Slaughter
U.S. Prices Received by Farmers

for Hogs and Corn

$1.50

$2.50

$3.50

$4.50

$5.50

$6.50

$7.50

$8.50

$30

$40

$50

$60

$70

$80

$90

$100

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

Hogs $/cwt Corn $/bu

Hogs Corn

Hogs Corn

Month $/cwt $/bu

August 42.90 3.12

September 49.70 3.40

October 56.30 3.61

November 51.90 3.79

December 49.10 3.97

January 50.20 4.24

Hog to Corn

Month Ratio

August 13.75

September 14.62

October 15.60

November 13.69

December 12.37

January 11.84

March 25, 2021
Upcoming Reports

March 31

Agricultural Prices

Grain and Rice Stocks

Prospective Plantings

April 1

Cotton Systems, Fats & Oils, Grain 

Crushing 

Dairy Products

April 9 Crop Production

April 21 Livestock Slaughter Annual

April 23 Cattle on Feed

April 29 Meat Animals - PDI

https://www.nass.usda.gov/Publications/index.php

March 25, 2021
USDA NASS Data Users’ Meeting

April 14 and 15, 2021

12:00 – 3:00 p.m. ET

For more information and to register please go to

www.nass.usda.gov/Education_and_Outreach/Meeting/index.php
All Reports Available At

www.nass.usda.gov

For Questions

(202) 720-3570

(800) 727-9540

nass@usda.gov