# Ask the Experts: Pork Markets - Pork Checkoff

> The National Pork Board's panel of economists discussed the December 2022 Hogs and Pigs Report, which showed the breeding herd up 0.5% year over year, the first annual increase in about 2.5 years. Market hog inventory on December 1 was 66.966 million head, down 2.0% from a year earlier.

- Date: 2023-01-09 · published 2023-01-09T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/37922-ask-the-experts-pork-markets-pork-checkoff
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

A breeding herd that is starting to expand points to more hogs later in 2023, a bearish supply signal for hog prices and feed demand over time.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2017-10-25 | [Pork: World Markets and Trade - ASPROCER](https://feedsoft.ai/events/68443-pork-world-markets-and-trade-asprocer.md) | +4.7% | -3.8% |
| HOGS | 2025-01-27 | [Spotlight on China’s pork market](https://feedsoft.ai/events/26490-spotlight-on-china-s-pork-market.md) | +2.1% | +7.6% |
| HOGS | 2026-06-17 | [Quarterly Review and Outlook - Pork Checkoff](https://feedsoft.ai/events/18965-quarterly-review-and-outlook-pork-checkoff.md) | -0.4% | +1.4% |
| HOGS | 2025-06-30 | [Pork Supply Outlook Following the June USDA Hog Survey - Pork Checkoff](https://feedsoft.ai/events/24359-pork-supply-outlook-following-the-june-usda-hog-survey-pork-checkoff.md) | -4.5% | -3.1% |
| HOGS | 2023-12-14 | [Demand remains a primary challenge that could impact the U.S. pork market in 2024](https://feedsoft.ai/events/32860-demand-remains-a-primary-challenge-that-could-impact-the-u-s-pork-market-in-2024.md) | +1.4% | +2.1% |

## Sources

- porkcheckoff.org: https://www.porkcheckoff.org/news/ask-the-experts-pork-markets/

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