USDA will release its Quarterly Hogs & Pigs Report on Friday, September 27, at 2:00 pm, CT. Traders expect the report to reflect the recent tightening of supplies. But it’s also expected to reflect producers’ expansion plans, as the average pre-report guess for Kept for Breeding is 101.5% of year-ago.
Following are pre-report expectations (as percent of year-ago):
Quarterly H&P Report Expectations
| Avg. trade guess
| Range
|
| ||
All Hogs and Pigs | 98.6
| 96.4-100.3
|
Kept for breeding | 101.5
| 100.6-102.0
|
Kept for marketing | 98.3
| 95.9-100.2
|
June-Aug. pig crop | 99.6
| 98.4-101.7
|
June-Aug. pigs per litter | 100.0
| 98.5-101.8
|
June-Aug. farrowings | 99.8
| 98.2-100.9
|
Sept.-Nov. farrowing int. | 101.0
| 100.0-101.8
|
Dec.-Feb. farrowing int. | 101.1
| 99.9-102.1
|
Hogs under 50 lbs. | 98.8
| 97.0-101.6
|
Hogs 50 to 119 lbs. | 98.9
| 96.1-100.0
|
Hogs 120-179 | 98.3
| 95.9-101.1
|
Hogs 180 and over | 96.2
| 94.0-99.3
|
* Expectations compiled by Dow Jones Newswire.
