# Farrowings down, but no short supply in market weights

> The USDA Quarterly Hogs and Pigs report put total US hog inventory on Sept. 1 at 74.319 million head, up 2% from the prior quarter. Average pigs saved per litter hit a record 11.61 for June to August, and the breeding herd of 6.079 million head was the smallest since 2016.

- Date: 2023-09-28 · published 2023-09-28T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/34268-farrowings-down-but-no-short-supply-in-market-weights
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Record litter productivity increases pork supply, though a smaller breeding herd could limit future supply growth and support prices later.

## Read by commodity

- SBM: neutral
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2025-12-29 | [Bearish Market Hog Inventories and Farrowing Intentions - farmdoc daily](https://feedsoft.ai/events/21674-bearish-market-hog-inventories-and-farrowing-intentions-farmdoc-daily.md) | -0.5% | +2.1% |
| 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 | 2023-04-11 | [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% |
| HOGS | 2023-10-27 | [Bright spots, uncertain trends forecast in global pork markets](https://feedsoft.ai/events/33780-bright-spots-uncertain-trends-forecast-in-global-pork-markets.md) | +2.9% | -3.0% |
| HOGS | 2025-06-30 | [Lean Hog Futures Warn of a Market Top, But Can Burgers and BLTs Save the Day?](https://feedsoft.ai/events/24355-lean-hog-futures-warn-of-a-market-top-but-can-burgers-and-blts-save-the-day.md) | -4.5% | -3.1% |
| SBM | 2019-12-06 | [Market Research Insights](https://feedsoft.ai/events/55877-market-research-insights.md) | -2.3% | -0.6% |
| SBM | 2024-02-29 | [Grains Report 02/29/2024 - Market InsightsMarket Insights](https://feedsoft.ai/events/31705-grains-report-02-29-2024-market-insightsmarket-insights.md) | -0.3% | -0.6% |
| SBM | 2024-12-05 | [Grains Report 12/05/2024 - Market InsightsMarket Insights](https://feedsoft.ai/events/27010-grains-report-12-05-2024-market-insightsmarket-insights.md) | -0.1% | +3.0% |

## Sources

- nationalhogfarmer.com: https://www.nationalhogfarmer.com/market-news/farrowings-down-but-no-short-supply-in-market-weights

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