June Quarterly Hogs and Pigs

Agricultural Statistics Board Briefing

Travis Averill, Chief

Livestock Branch

June 29, 2023
2023 June Hogs and Pigs Survey

Number of Samples

June 29, 2023
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, 2022 All Hogs and Pigs 73,119 450 1,730 74,849

Pig Crop 33,691 470 1,010 34,701

March 1, 2023 All Hogs and Pigs 72,860 249 249 73,109

Pig Crop 32,058 0 0 32,058

June 29, 2023
U.S. Hogs and Pigs June 1

2022 2023 % Change from 

(1,000 head) Previous Year

All Hogs and Pigs 72,314 72,394 ↑ 0.1

Breeding Hogs 6,168 6,146 ↓ 0.4

Market Hogs 66,146 66,249 ↑ 0.2

73.1

61

63

65

67

69

71

73

75

77

79

81

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Million head U.S. Quarterly Hogs and Pigs

June March

72.3 72.4

Top 5 States

Inventory

(1,000 head)

Iowa 23,800

Minnesota 8,700

North Carolina 7,600

Illinois 5,400

Indiana 4,350

June 29, 2023
June 1, 2023 Hogs and Pigs Inventory

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

June 29, 2023
U.S. Hogs and Pigs June 1

2022 2023 % Change from 

(1,000 head) Previous Year

Market Hogs 66,146 66,249 ↑ 0.2

Less than 50 lbs 20,903 20,939 ↑ 0.2

50 – 119 lbs 18,691 18,748 ↑ 0.3

120 – 179 lbs 13,827 13,863 ↑ 0.3

180 lbs or more 12,725 12,699 ↓ 0.2

11

14

17

20

23

26

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023

Million head Market Hogs by Weight Class

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

June 29, 2023
U.S. Hogs and Pigs June 1

2022 2023 % Change from 

(1,000 head) Previous Year

Sows Farrowed 2,967 2,896 ↓ 2.4

Intentions

Jun – Aug 3,019 2,942 ↓ 3.9

Sep – Nov 3,007 2,953 ↓ 4.5

2.95

2.94

2.90

2.7

2.8

2.9

3.0

3.1

3.2

3.3

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Million head U.S. Quarterly Sows Farrowed

Mar-May Estimate Jun-Aug Intentions Sep-Nov Intentions

June 29, 2023
U.S. Hogs and Pigs June 1

2022 2023 % Change from

(1,000 head) Previous Year

Pig Crop 32,635 32,891 ↑ 0.8

(Number)

Pigs per Litter 11.00 11.36 ↑ 3.3

11.00 11.02

11.36

9.50

10.00

10.50

11.00

11.50

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Pigs per Litter U.S. Quarterly Pigs per Litter

March-May December-February

June 29, 2023
Trade Expectations Compared to NASS 

Estimates Percent of Previous Year

100.4

97.4

99.3

99.3

99.3

99.3

95.5

96.1

100.8

100.2

99.6

100.1

95.0 96.5 98.0 99.5 101.0

Sep-Nov Farrowings

Jun-Aug Farrowings

Mar-May Pig Crop

Market Hogs

Breeding Hogs

All Hogs and Pigs

Min Trade Range Trade Average NASS

June 29, 2023
All Hogs and Pigs 

First Estimate vs Final Estimate

59

64

69

74

79

84

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Million head

Lower Trade Range Trade Range ASB First Estimate ASB Final Estimate

June 29, 2023
Breeding Herd Inventory

Disposition and Utilization

June 29, 2023

Year

Mar 1

Estimate

(1,000 head)

Slaughter

(1,000 head)

Additions

(1,000 head)

Jun 1

Estimate

(1,000 head)

Sow

Utilization

(Percent)

2014 5,851 775 779 5,855 48

2015 5,982 781 725 5,926 48

2016 5,980 794 793 5,979 50

2017 6,098 851 862 6,109 49

2018 6,210 855 965 6,320 49

2019 6,349 856 917 6,410 49

2020 6,425 812 813 6,426 49

2021 6,215 842 847 6,220 49

2022 6,098 781 851 6,168 49

2023 6,096 798 848 6,146 48
Canadian Imports by Quarter

Feeder Pigs and Slaughter Hogs

(1,000 head)

June 29, 2023

84%

85%

83%

83% 82% 83% 85%

84%

79% 73% 73%

81%

80%

76%

75% 75% 75%

75%

16%

15%

17%

17% 18%

17% 15%

16%

21%

27% 27%

19%

20%

24%

25% 25% 25%

1,398 25%

1,262 

1,124 

1,267 1,275 

1,221 1,209 

1,352 

1,533 

1,640 1,664 1,654 

1,561 

1,693 

1,572 1,577 1,580 

1,651 

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

2019 2020 2021 2022 2023

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

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Hogs $/cwt Corn $/bu

Hogs Corn

Hogs Corn

Month $/cwt $/bu

November 66.7 6.49

December 62.5 6.58

January 58.5 6.64

February 59.6 6.80

March 61.7 6.67

April 57 6.70

Hog to Corn

Month Ratio

November 10.28

December 9.50

January 8.81

February 8.76

March 9.25

April 8.51

June 29, 2023
Upcoming Reports

June 30

Acreage

Agricultural Prices

Grain and Rice Stocks

July 3 Cotton Systems, Fats & Oils, 

Grain Crushing 

July 12 Crop Production

July 20 Livestock Slaughter

July 21 Cattle

Cattle on Feed

July 28 Agricultural Prices

Farm Production Expenditures

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

June 29, 2023
June 29, 2023

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www.nass.usda.gov

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(202) 720-3570

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