The network for agriculture in Ontario, Canada
Quarterly Hog and Pigs Report Update (Chart)
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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Replies to This Discussion
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Permalink Reply by Moe Agostino on
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Call Josh if you would like to ask any pork marketing questions.
Thanks,
Moe Agostino
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