More 120-to-179-pounds than expected in June Hogs and Pigs Report

As of June 1, there were 75.137 million hogs and pigs across U.S. swine production systems. The Q2 2025 inventory was up 0.3% from the year prior and just 1% above last quarter, according to the June Hogs and Pigs report issued Thursday by the USDA's National Agricultural Statistics Service

From that total, 5.979 million head were kept for breeding, down 0.5% from last year and down 0.4 percentage points from the average of pre-report expectations. Meanwhile market hog inventory, at 69.158 million head, was up 0.4% from June 2024 and up 0.6 percentage points compared to pre-report expectations.

For the under-50-pounds weight category, there were 21.536 million head, up 1.2% from the year prior. In the 50-to-119 pounds group, there were 19.421 million head, up fractionally compared to 2024.

In the 120-to-179-pounds group, there were 15.26 million head, almost up half a percent from last year at this time, but was 1.6 percentage points larger than the range of pre-report expectations. Finally, for the 180-and-over group there were 12.941 million head, down 0.6% from 2024.

Lee Schulz, chief economist with Ever.Ag says the one major surprise in the report was the figure for the 120-to-179 pounds group.