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Hog inventories in the United States have varied cyclically over time but have trended upward from 59.1 million head in 2000 to 75.8 million head in December 2023. Annual cash receipts from the sale of hogs were $27.2 billion in 2023, down 11.3% from the previous year. This figure was based on a pig crop of 136.0 million born in the United States and in-shipments from Canada of 4.9 million feeder pigs fed in the United States and 1.7 million market hogs and slaughter sows and boars processed in U.S. packing plants.
Total hog marketings in the United States have increased in recent years while the number of farms raising hogs has declined. From 1997 to 2012, the number of farms with hogs decreased significantly from 124,889 to 63,246, but by 2017 the number of farms increased to 66,439 (Figure 2). In 2022, the number of farms raising hogs fell to 60,809. Meanwhile, the average inventory of hogs per farm has increased from 490 in 1997 to 1,214 in 2022.
About 5% of U.S. hogs are on farms with less than 2,000 head in inventory, 20% of the inventory is on farms with 2,000 to 4,999 head, and 75% are on farms with 5,000 or more hogs. Compared with the 2017 Census of Agriculture, there are now about 5,419 fewer farms in the smallest size category, 151 fewer farms in the middle category, and 60 fewer farms with inventories greater than 5,000 hogs.
June 2024/ National Pork Producers Council/ United States.
https://nppc.org
