Hogs & Pigs Report expected to show more herd contraction
USDA’s Hogs & Pigs Report is expected to show the U.S. hog herd contracted 2.9% from year-ago as of Dec. 1. The marketing herd is expected to be down 3.1%, with breeding numbers 0.1% above last year. Analysts anticipate the fall pig crop was 2.9% smaller than last year on a 3.3% drop in farrowings. But they expect USDA will report farmers intend to farrow slightly more sows this winter and next spring. USDA will release the data at 2 p.m. CT on Thursday.
|
Hogs & Pigs Report |
Average estimate |
Range of estimates |
Million head |
|
All hogs Dec. 1 |
97.1 |
96.2-99.1 |
74.594 |
|
Kept for breeding |
100.1 |
99.6-100.5 |
6.182 |
|
Kept for marketing |
96.9 |
96.0-99.1 |
68.456 |
|
|
|
|
|
|
Market hog inventory |
|
|
|
|
under 50 lbs. |
97.0 |
94.2-100.0 |
|
|
50 lbs.-119 lbs. |
97.1 |
94.8-99.5 |
|
|
120 lbs.-179 lbs. |
96.0 |
94.0-98.1 |
|
|
Over 180 lbs. |
96.8 |
95.3-98.2 |
|
|
|
|
|
|
|
Pig crop (Sept.-Nov.) |
97.1 |
96.1-99.4 |
|
|
Pigs per litter (Sept.-Nov.) |
100.4 |
100.0-100.9 |
|
|
Farrowings (Sept.-Nov.) |
96.7 |
95.8-99.0 |
|
|
Farrowing intentions (Dec.-Feb.) |
100.9 |
100.4-101.5 |
|
|
Farrowing intentions (March-May) |
100.3 |
98.3-102.2 |
|
