# Bullish March 'Hogs and Pigs' report

> USDA's March Hogs and Pigs report showed March 1 market hog inventory below a year earlier, the first such decline for March since 2014. Every market hog weight category was below last year, and farrowing intentions were cut. Inventory came in below the average trade estimate in every category.

- Date: 2021-03-29 · published 2021-03-29T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/48270-bullish-march-hogs-and-pigs-report
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

A smaller hog inventory and lower farrowing intentions point to reduced slaughter supplies through summer, supporting lean hog futures.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2021-03-25 | [Hog futures higher ahead of bullish Hogs and Pigs report - Brownfield Ag News](https://feedsoft.ai/events/5153-hog-futures-higher-ahead-of-bullish-hogs-and-pigs-report-brownfield-ag-news.md) | +3.8% | +10.2% |
| HOGS | 2025-10-01 | [Hogs and Pigs report appears 'friendly' for futures](https://feedsoft.ai/events/23033-hogs-and-pigs-report-appears-friendly-for-futures.md) | -2.4% | -14.8% |
| HOGS | 2026-06-25 | [June Hogs and Pigs Report: Steady Inventory and Razor Thin Margins - Pork Business](https://feedsoft.ai/events/18960-june-hogs-and-pigs-report-steady-inventory-and-razor-thin-margins-pork-business.md) | -0.2% | +7.3% |
| HOGS | 2020-12-24 | [Hogs and Pigs Report: Wild Revisions and a Few Surprises - Pork Business](https://feedsoft.ai/events/49796-hogs-and-pigs-report-wild-revisions-and-a-few-surprises-pork-business.md) | +1.0% | +4.2% |
| HOGS | 2021-09-27 | [Lean Hog and Pork Cutout Futures Surge After Hogs and Pigs Report - Pork Business](https://feedsoft.ai/events/45203-lean-hog-and-pork-cutout-futures-surge-after-hogs-and-pigs-report-pork-business.md) | +4.1% | -12.1% |

## Sources

- nationalhogfarmer.com: https://www.nationalhogfarmer.com/market-reports/bullish-march-hogs-and-pigs-report

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