# Bearish Market Hog Inventories and Farrowing Intentions - farmdoc daily

> USDA's December Hogs and Pigs report put the December 1 hog inventory at 75.5 million head, up 0.6% year over year and above expectations. The 180-pound-and-over class rose 2.8%, and the September to November pig crop was higher than expected at a record 11.93 pigs per litter. The breeding herd fell 0.9%, the smallest December 1 breeding herd since 2014.

- Date: 2025-12-29 · published 2025-12-29T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/21674-bearish-market-hog-inventories-and-farrowing-intentions-farmdoc-daily
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Heavier hog supplies arriving at packers in early 2026 add near-term downward pressure on hog prices. The small breeding herd limits longer-term supply growth, which keeps the outlook more balanced.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2023-09-28 | [Farrowings down, but no short supply in market weights](https://feedsoft.ai/events/34268-farrowings-down-but-no-short-supply-in-market-weights.md) | -2.5% | -13.6% |
| HOGS | 2018-06-29 | [Bearish Hogs and Pigs Report \| Red River Farm Network](https://feedsoft.ai/events/64671-bearish-hogs-and-pigs-report-red-river-farm-network.md) | -0.6% | -16.6% |
| HOGS | 2023-10-01 | [Hefty hog inventory numbers could weigh on market](https://feedsoft.ai/events/34267-hefty-hog-inventory-numbers-could-weigh-on-market.md) | -0.2% | -10.7% |
| HOGS | 2023-12-28 | [Traders Bear Spread Hog Market Following Report - Zia Commodities, LLC](https://feedsoft.ai/events/32857-traders-bear-spread-hog-market-following-report-zia-commodities-llc.md) | -0.6% | +5.5% |
| HOGS | 2023-04-11 | [Quarterly Hogs & Pigs Report – Hog Markets Will Need Strong Demand to Bring Better Prices in 2023 \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/36549-quarterly-hogs-and-pigs-report-hog-markets-will-need-strong-demand-to-bring.md) | -1.8% | +2.5% |

## Sources

- farmdocdaily.illinois.edu: https://farmdocdaily.illinois.edu/2025/12/bearish-market-hog-inventories-and-farrowing-intentions.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.