USDA will release its Quarterly Hogs & Pigs Report on Friday, June 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 | 101.3
| 100.7-102.2
|
Kept for breeding | 100.7
| 100.0-101.3
|
Kept for marketing | 101.4
| 100.6-102.3
|
Mar-May pig crop | 100.9
| 100.5-101.3
|
Mar-May pigs per litter | 101.3
| 100.7-101.9
|
Mar-May farrowings | 99.6
| 99.1-100.4
|
June-Aug farrowing int. | 99.2
| 98.2-100.8
|
Sept-Nov farrowing int. | 99.7
| 98.7-101.2
|
Hogs under 60 lbs. | 101.0
| 99.8-102.0
|
Hogs 60 to 119 lbs. | 101.5
| 100.7-102.4
|
Hogs 120-179 | 101.8
| 100.6-103.1
|
Hogs 180 and over | 100.6
| 99.0-102.3
|
* Expectations compiled by Dow Jones Newswire.
Juli says: The report is expected to reflect expansion in the industry despite a slight drop in farrowing intentions thanks to continued efficiencies in the breeding herd. It would take a two percentage point drop in farrowing intentions to offset a one percentage point increase in the pigs-per-litter rate to draw total hog numbers down.
