# Hogs and Pigs Report resembles a bear

> USDA's September Hogs and Pigs report put the US swine herd at 79.099 million head, up 0.7% from a year earlier and above trade expectations. The report showed the heavyweight inventory groups were larger than expected, while lightweight groups were smaller. Lean hog futures closed higher the day after the release.

- Date: 2020-09-28 · published 2020-09-28T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/51247-hogs-and-pigs-report-resembles-a-bear
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

A larger-than-expected herd points to heavier hog supplies and record slaughter, which is bearish for prices, though smaller lightweight groups limit the downside.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2020-06-27 | [Hog futures lower following Hogs and Pigs report - Brownfield Ag News](https://feedsoft.ai/events/52770-hog-futures-lower-following-hogs-and-pigs-report-brownfield-ag-news.md) | -0.0% | +13.0% |
| HOGS | 2025-04-01 | [Next Hogs and Pigs Report: March Madness or more of the same?](https://feedsoft.ai/events/25747-next-hogs-and-pigs-report-march-madness-or-more-of-the-same.md) | +0.0% | +3.6% |
| HOGS | 2022-12-24 | [A Surprise in the December Hogs and Pigs Report: Breeding Herd Increases - Pork Business](https://feedsoft.ai/events/38373-a-surprise-in-the-december-hogs-and-pigs-report-breeding-herd-increases-pork.md) | -0.2% | -8.2% |
| HOGS | 2024-06-28 | [Hog Traders Look to React to Hogs & Pigs Report - IBest Media](https://feedsoft.ai/events/29918-hog-traders-look-to-react-to-hogs-and-pigs-report-ibest-media.md) | +0.2% | +3.6% |

## Sources

- nationalhogfarmer.com: https://www.nationalhogfarmer.com/market-reports/hogs-and-pigs-report-resembles-a-bear

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