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
|
| ||
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.
