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flag U.S. hog inventory rose 1% to 75.5 million by Dec. 1, 2025, with breeding stock at a 10-year low.

flag The U.S. hog and pig inventory rose 1% to 75.5 million head by December 1, 2025, with market hogs up and breeding inventory at its lowest since 2014. flag Farrowing intentions for early 2026 remained above year-ago levels, while contract production reached 52% of total inventory. flag Livestock imports are forecast at $31.7 billion, with beef and veal imports rising. flag Brazil’s antitrust agency CADE is probing foreign-owned U.S. meatpackers over potential price manipulation, though industry groups deny price-fixing, citing ongoing losses.

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