September Quarterly Hogs and Pigs

Agricultural Statistics Board Briefing

Travis Averill, Chief

Livestock Branch

September 28, 2023
2023 September Hogs and Pigs Survey

Sample Sizes

September 28, 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)

March 1, 2023 All Hogs and Pigs 72,860 455 704 73,564

Pig Crop 32,058 480 480 32,538

June 1, 2023 All Hogs and Pigs 72,394 350 350 72,744

Pig Crop 32,891 60 60 32,951

September 28, 2023
U.S. Hogs and Pigs September 1

2022 2023 % Change from 

(1,000 head) Previous Year

All Hogs and Pigs 74,125 74,319 ↑ 0.3

Breeding Hogs 6,152 6,079 ↓ 1.2

Market Hogs 67,973 68,241 ↑ 0.4

72.7

65

67

69

71

73

75

77

79

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Million head U.S. Quarterly Hogs and Pigs

September June

74.1 74.3

Top 5 States

Inventory

(1,000 head)

Iowa 24,400

Minnesota 8,700

North Carolina 8,000

Illinois 5,350

Indiana 4,450

September 28, 2023
September 1, 2023 Hogs and Pigs Inventory

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

September 28, 2023
U.S. Hogs and Pigs September 1

2022 2023 % Change from 

(1,000 head) Previous Year

Market Hogs 67,973 68,241 ↑ 0.4

Less than 50 lbs 21,893 21,913 ↑ 0.1

50 – 119 lbs 19,677 19,756 ↑ 0.4

120 – 179 lbs 14,013 14,110 ↑ 0.7

180 lbs or more 12,390 12,463 ↑ 0.6

11

14

17

20

23

26

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

Million head Market Hogs by Weight Class

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

September 28, 2023
U.S. Hogs and Pigs September 1

2022 2023 % Change from 

(1,000 head) Previous Year

Sows Farrowed 3,062 2,949 ↓ 3.7

Intentions

Sep – Nov 3,092 2,930 ↓ 5.2

Dec – Feb 2,952 2,912 ↓ 1.4

2.91

2.93 2.95

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

June-Aug Estimate Sep-Nov Intentions Dec-Feb Intentions2

September 28, 2023
U.S. Hogs and Pigs September 1

2022 2023 % Change from

(1,000 head) Previous Year

Pig Crop 34,096 34,229 ↑ 0.4

(Number)

Pigs per Litter 11.13 11.61 ↑ 4.3

11.13 11.36

11.61

10.00

10.50

11.00

11.50

12.00

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Pigs per Litter U.S. Quarterly Pigs per Litter

June-August March-May

September 28, 2023
Trade Expectations Compared to NASS 

Estimates Percent of Previous Year

97.9

96.5

98.7

99.4

98.6

99.3

98.7

94.8

100.4

100.4

98.8

100.3

93.0 95.0 97.0 99.0 101.0

Dec-Feb Farrowings

Sep-Nov Farrowings

Jun-Aug Pig Crop

Market Hogs

Breeding Hogs

All Hogs and Pigs

Min Trade Range Trade Average NASS

September 28, 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

September 28, 2023
Breeding Herd Inventory

Disposition and Utilization

September 28, 2023

Year

Jun 1

Estimate

(1,000 head)

Slaughter

(1,000 head)

Additions

(1,000 head)

Sep 1

Estimate

(1,000 head)

Sow

Utilization

(Percent)

2014 5,855 751 816 5,920 51

2015 5,926 798 858 5,986 51

2016 5,979 802 839 6,016 51

2017 6,109 828 836 6,117 51

2018 6,320 850 860 6,330 50

2019 6,410 823 844 6,431 51

2020 6,426 921 828 6,333 51

2021 6,220 852 822 6,190 49

2022 6,168 858 842 6,152 50

2023 6,146 930 863 6,079 48
Canadian Imports by Quarter

Feeder Pigs and Slaughter Hogs

(1,000 head)

September 28, 2023

84%

85%

83%

83% 82% 83% 85%

84%

79% 73% 73%

81%

80%

76%

75% 75% 75%

75% 73%

16%

15%

17%

17% 18% 17% 15%

16%

21%

27% 27%

19%

20%

24%

25% 25% 25%

25%

27% 1,398 

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 

1,652 

1,729

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

February 59.6 6.80

March 61.7 6.67

April 57 6.70

May 58.8 6.54

June 64.6 6.49

July 74.3 6.22

Hog to Corn

Month Ratio

February 8.76

March 9.25

April 8.51

May 8.99

June 9.95

July 11.95

September 28, 2023
Selected Upcoming Reports

September 29

Small Grain Summary

Grain Stocks

Agricultural Prices

October 2 Cotton Systems, Fats & Oils, Grain 

Crushing

October 4 Dairy Products

October 12 Cotton Ginnings

Crop Production

October 19 Milk Production

October 20 Cattle on Feed

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

September 28, 2023
Data Users’ Meeting

September 28, 2023

USDA Fall Data Users’ Meeting

October 17 & 18, 2023

12:00 – 3:00 p.m. ET

For more information and to register please go to

www.nass.usda.gov/go/data_users
September 28, 2023

#StatChat
All Reports Available At

www.nass.usda.gov

For Questions

(202) 720-3570

(800) 727-9540

nass@usda.gov