U.S. Department of Agriculture
But much more precip needed to alleviate long-term dryness.
But pigs per litter seen above year-ago.
Canada has discontinued its October hog report.
But beef and pork exports in terms of value continue above year-ago levels.
Traders look for All Hogs & Pigs at 100.7% of year-ago levels.
USDA says slaughter data suggests sow slaughter has not been significant.
Pork exports in terms of volume also up, but beef exports in terms of volume slips.
April is best month for beef exports in terms of value.
Warmer temps increase moisture needs, drought to remain.
Shows beef and pork stocks up from month-ago.
Report is bearish for hog market, supportive for cattle.
Report expected to show All Hogs & Pigs at 101.7% of year-ago.
Report reaction should be relatively limited.
Report shows retailers have not yet begun buying hams aggressively for Easter features.
2011 turning out a banner year for pork and beef exports.
Report expected to show All Hogs & Pigs at 101.3% of year-ago.
Report garnered muted immediate reaction from the market.
The dollar amount of pork and beef shipped overseas is set to make a new record.
Signals pork demand wasn’t as strong as expected, or supplies were higher.
One-category improvement in some Midwest areas.
Weights still below year-ago, but cattle weights narrowing the gap.