H&P Report Expected to Show a 3.4% Surge in the U.S. Herd

Posted on Thu, 03/26/2020 - 07:11

On average, analysts surveyed by Reuters expect USDA will report March 1 hog herd up 3.4% from year-ago at around 77.162 million head. We’ll have coverage of the 2:00 p.m. CT report in “Evening Report.”

 

 

Range of estimates
(% of year-ago)

Average estimate
(% of year-ago)

All hogs March 1

102.8-103.7

103.4

Kept for breeding

100.5-102.0

101.4

Kept for marketing

102.9-103.8

103.5

 

 

 

Market hog inventory

 

 

  under 50 lbs.

102.2-103.5

102.9

  50 lbs.-119 lbs.

100.8-103.6

102.7

  120 lbs.-179 lbs.

103.0-105.3

103.8

  Over 180 lbs.

104.1-106.2

105.4

 

 

 

Pig crop (Dec.-Feb.)

103.0-104.6

103.5

Pigs per litter (Dec.-Feb.)

101.3-103.3

102.5

Farrowings (Dec.-Feb.)

100.4-101.6

101.1

Farrowing intentions (March-May)

99.6-102.0

100.6

Farrowing intentions (June-Aug.)

99.7-101.7

100.4