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2014 USDA March 1 Quarterly Hogs & Pigs Report suggesting hog supplies will be -4-5% in 14 vs. 13 but USDA overstating the numbers, this report is bearish as futures were factoring in a high drop in supplies but bullish for Grain Stocks Report on Monday March 31st, 2014!

MARCH 1 HOG INVENTORY

USDA ESTIMATE

(% VS. A YEAR AGO)

PRE REPORT AVERAGE ANALYST ESTIMATES 

(% VS. A YEAR AGO)

ANALYST RANGE OD ESTIMATES

ALL HOGS INVENTORY ON MARCH 1

97

94.6

92.0 – 97.1

KEPT FOR BREEDING

100

99.4

98.9 – 100.7

KEPT FOR MARKETING

96

94.1

96.2 – 96.9

DEC- FEB PIG CROP

97

96.4

90.8 - 101.4

DEC- FEB PIGS PER LITTER

95

96.4

92.9 - 99.8

DEC – FEB FARROWING INTENTIONS

103

100

97.8 – 101.3

MAR – MAY FARROWING INTENTIONS

102

100.5

98.6 – 102.0

JUNE – AUGUST FARROWING INTENTIONS

102

100.9

99.0 – 102.0

HOGS WEIGHING UNDER 50

96

93.5

87.7 – 98.9

HOGS WEIGHING 50 - 119

94

94.2

91.0 – 97.8

HOGS WEIGHING 120 - 179

97

94.1

92.3 – 98.1

HOGS WEIGHING 180 & OVER

95

95.2

93.9 – 97.3

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Call Josh if you would like to ask any pork marketing questions.

Thanks,

Moe Agostino

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Agriculture Headlines from Farms.com Canada East News - click on title for full story

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The 2018 season is obviously off to a slow start following a significant storm system that brought freezing rain, ice pellets and snow to much of the province on the April 14th weekend. As of April 18th, it’s easy to find fields that are still snow covered (Figure 1). The weather and soil conditions will eventually turn more favourable and when it does field activities will begin at a rapid pace. The following is an overview of where crop conditions are at so far and management considerations for the upcoming 2018 crop.

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