USDA will release its Quarterly Hogs & Pigs Report on Friday, June 28, at 2:00 pm, CT. Traders expect the report to reflect slight expansion, as All Hogs & Pigs are expected to come in at 100.6% of year-ago levels.
Following are pre-report expectations (as percent of year-ago):
Quarterly H&P Report Expectations
| Avg. trade guess
| Range
|
| ||
All Hogs and Pigs | 100.6
| 100.0-101.2
|
Kept for breeding | 99.9
| 99.6-100.3
|
Kept for marketing | 100.7
| 100.0-101.3
|
Mar-May pig crop | 100.1
| 99.2-100.7
|
Mar-May pigs per litter | 101.0
| 99.9-101.3
|
Mar-May farrowings | 99.1
| 99.0-99.2
|
June-Aug farrowing int. | 99.9
| 99.2-101.2
|
Sept-Nov farrowing int. | 100.5
| 100.2-101.6
|
Hogs under 50 lbs. | 100.6
| 99.2-101.4
|
Hogs 50 to 119 lbs. | 100.5
| 100.1-101.6
|
Hogs 120-179 | 100.8
| 100.4-101.7
|
Hogs 180 and over | 100.5
| 100.2-101.0
|
* Expectations compiled by Dow Jones Newswire.
