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
|
| ||
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.
