H&P Report: About As Expected

June 29, 2012 09:17 AM
 

The core numbers of the Quarterly Hogs & Pigs Report are in line with pre-report trade expectations. All H&P and market hog numbers are on the low-end of the pre-report guess range, but the breeding herd increase is in the upper half of the range.

 

Quarterly H&P Report Expectations

USDA

Avg. trade guess

Range

% of year-ago

 

All Hogs and Pigs

101

101.3

100.7-102.2

Kept for breeding

101

100.7

100.0-101.3

Kept for marketing

101

101.4

100.6-102.3

Mar-May pig crop

101

100.9

100.5-101.3

Mar-May pigs per litter

101

101.3

100.7-101.9

Mar-May farrowings

100

99.6

99.1-100.4

June-Aug farrowing int.

99

99.2

98.2-100.8

Sept-Nov farrowing int.

99

99.7

98.7-101.2

Hogs under 60 lbs.

100

101.0

99.8-102.0

Hogs 60 to 119 lbs.

101

101.5

100.7-102.4

Hogs 120-179

101

101.8

100.6-103.1

Hogs 180 and over

100

100.6

99.0-102.3


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