# Record Pigs Per Litter Again Offsets Cuts to Farrowings - Pork Business

> USDA's December Hogs and Pigs report put the December 1 all-hog inventory at 74.97 million head, up 0.88% from the prior quarter and 0.02% from a year earlier. The breeding herd fell 3.3% year on year, more than expected, while pigs per litter hit a record 11.66. Analysts expect bearish hog price outlook near term.

- Date: 2024-01-08 · published 2024-01-08T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/32272-record-pigs-per-litter-again-offsets-cuts-to-farrowings-pork-business
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

A larger-than-expected drop in the breeding herd points to tighter hog supply later in 2024, which supports hog prices and feed demand over time, though near-term market hog supplies remain similar to last year.

## Read by commodity

- HOGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-09-30 | [Export optimism helps offset record hog supply - Brownfield Ag News](https://feedsoft.ai/events/57223-export-optimism-helps-offset-record-hog-supply-brownfield-ag-news.md) | +0.1% | +4.5% |
| HOGS | 2022-04-20 | [China’s Struggling Pig Farmers Should Return to Profit in Third Quarter, Agriculture Ministry Official Says](https://feedsoft.ai/events/41837-china-s-struggling-pig-farmers-should-return-to-profit-in-third-quarter.md) | -2.9% | -4.5% |
| HOGS | 2021-01-18 | [China’s pork output recovers in 2020, beating expectations
						 \| The Pig Site](https://feedsoft.ai/events/49143-china-s-pork-output-recovers-in-2020-beating-expectations-the-pig-site.md) | +1.8% | +10.0% |
| HOGS | 2026-01-26 | [How Will Vitamin and Amino Acid Supply Chain Disruptions Impact U.S. Market Hogs and Sows? - Pork Business](https://feedsoft.ai/events/21392-how-will-vitamin-and-amino-acid-supply-chain-disruptions-impact-u-s-market-hogs.md) | +0.4% | +5.4% |
| HOGS | 2026-10-19 | [China Jan-Sept pork output rises as farmers cull herds to cut hog inventories \| MarketScreener India](https://feedsoft.ai/events/17100-china-jan-sept-pork-output-rises-as-farmers-cull-herds-to-cut-hog-inventories.md) | -2.8% | — |

## Sources

- porkbusiness.com: https://www.porkbusiness.com/news/hog-production/record-pigs-litter-again-offsets-cuts-farrowings

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