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 |
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Market hog inventory |
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under 50 lbs. | 97.0 | 94.2-100.0 |
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50 lbs.-119 lbs. | 97.1 | 94.8-99.5 |
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120 lbs.-179 lbs. | 96.0 | 94.0-98.1 |
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Over 180 lbs. | 96.8 | 95.3-98.2 |
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Pig crop (Sept.-Nov.) | 97.1 | 96.1-99.4 |
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Pigs per litter (Sept.-Nov.) | 100.4 | 100.0-100.9 |
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Farrowings (Sept.-Nov.) | 96.7 | 95.8-99.0 |
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Farrowing intentions (Dec.-Feb.) | 100.9 | 100.4-101.5 |
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Farrowing intentions (March-May) | 100.3 | 98.3-102.2 |
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