USDA Releases September 2024 Hogs and Pigs Report: Key Takeaways for the Swine Industry

Sep 30, 2024

The U.S. Department of Agriculture has published its latest Hogs and Pigs report for September 2024, providing critical data on inventory levels and key production trends in the swine industry. The following are the main highlights of the report:

Inventory Overview

The total inventory of hogs and pigs in the United States as of September 1, 2024, was 74.8 million head, reflecting a slight decrease of 1% compared to the same period last year.
The breeding inventory was reported at 6.13 million head, also down 1% from the previous year.
Market hog inventory reached 68.7 million head, down 1% from 2023.

Breeding and Farrowing Intentions

The report indicates that the number of sows farrowing during the June-August 2024 period totaled 2.92 million head, which was 2% below the same period a year earlier.
The number of pigs saved per litter was reported at an average of 11.3, relatively unchanged from the previous year.

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Video: Food Inflation and Pork Demand - Dr. Sylvain Charlebois

In this episode of The Swine it Podcast Show Canada, Dr. Sylvain Charlebois, Professor and Director of the Agri-Food Analytics Lab at Dalhousie University, discusses how food inflation is reshaping Canadian protein demand. He explains why pork remains competitively priced, consumer behavior, and why transparency, AI-assisted shopping, and protein demand will matter in the years ahead. Listen now on all major platforms!

"The potential of pork is there. We just need to see the product assume that role and take it away because all the elements are there."

Meet the guest: Dr. Sylvain Charlebois is a Professor in Dalhousie University's Faculty of Management and Director of the Agri-Food Analytics Lab. His research focuses on food distribution, food policy, food safety, food security, and traceability. Dr. Charlebois has written four books and more than 500 peer-reviewed and scientific articles. He holds a BComm from the Royal Military College, an MBA from UQAM, and a DBA from the University of Sherbrooke. Learn more from Dr. Sylvain Charlebois on The Swine it Podcast Show Canada, available on all major platforms.