Hogs & Pigs Report: Pigs-Per-Litter Category Will Determine Expansion Pace

March 27, 2013 07:25 AM
 

USDA will release its Quarterly Hogs & Pigs Report on Thursday, March 28, 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

100.7

100.3-101.6

Kept for breeding

100.3

99.7-101.2

Kept for marketing

100.8

100.3-101.7

Dec-Feb pig crop

101.2

100.6-101.7

Dec-Feb pigs per litter

101.1

100.6-101.5

Dec-Feb farrowings

100.1

99.7-100.3

Mar-May farrowing int.

98.7

97.9-99.8

Jun-Aug farrowing int.

100.9

98.9-101.6

Hogs under 50 lbs.

100.9

100.4-101.5

Hogs 50 to 119 lbs.

100.7

100.1-102.7

Hogs 120-179

99.9

99.4-101.5

Hogs 180 and over

101.6

99.7-103.8

* Expectations compiled by Dow Jones Newswire. 


Juli says: If the pre-report average trade guess for All Hogs & Pigs is in the ballpark, it would result in total inventory of 65.35 million head, around a 450,000-head increase from last year at this time.

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