Hogs & Pigs Report: Major Categories Seen Below Year-Ago

December 28, 2012 12:29 AM
 

USDA will release its Quarterly Hogs & Pigs Report on Friday, December 29, at 2:00 pm, CT.

Following are pre-report expectations (as percent of year-ago):

Quarterly H&P Report Expectations

Avg. trade guess

Range

 

% of year-ago

All Hogs and Pigs

99.1

98.7-100.4

Kept for breeding

99.3

99.1-99.5

Kept for marketing

99.1

98.7-100.5

Sept-Nov pig crop

99.0

98.3-100.8

Sept-Nov pigs per litter

100.8

100.2-101.1

Sept-Nov farrowings

97.9

97.3-99.1

Dec-Feb farrowing int.

98.4

96.6-99.0

Mar-May farrowing int.

98.8

96.6-100.3

Hogs under 50 lbs.

98.4

97.0-100.1

Hogs 50 to 119 lbs.

99.0

98.6-99.8

Hogs 120-179

99.6

98.6-101.1

Hogs 180 and over

100.5

99.0-101.8

* Expectations compiled by Dow Jones Newswire. 


Juli says: Even through farrowing intentions are seen down from year-ago levels to reflect contraction in sow numbers, gains made in efficiencies via pigs per litter will somewhat offset the reductions to the herd. Also key will be if USDA makes any revisions to past data since drought conditions changed some producers plans since the last report.

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