Bullish hogs and pigs report surprises analysts The latest Quarterly Hogs and Pigs bullish report surprised industry analysts with a decline in inventory numbers coming in below expectations. Photo by Liz West -AFBF USDA’s National Agricultural Statistics Service released its latest Quarterly Hogs and Pigs report, providing a detailed inventory of breeding and marketing hogs as of March 1. Producers use this data to determine production and marketing strategies, while the industry uses it to assess the markets and the future supply of product. This bullish report surprised industry analysts, with swine numbers coming in below their expectations. HOG AND PIG INVENTORY