Hogs & Pigs Report expected to reflect contraction in U.S. hog herd

On average, analysts surveyed by Reuters expect USDA will report the Sept. 1 hog herd around 77.101 million head, down 1.7% from year-ago. The report will be released at 2:00 p.m. CT Friday.

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hogs_pigs_(94).JPG

On average, analysts surveyed by Reuters expect USDA will report the Sept. 1 hog herd around 77.101 million head, down 1.7% from year-ago. The breeding herd is expected to slide 1.1% from year-ago, with the number of hogs kept for market expected to slide 1.7% from year-ago. The only category expected to climb from year-ago levels is the number of pigs per litter. The following expectations are based on survey work by Reuters. The report will be out at 2:00 p.m. CT Friday.

Average estimate
(% of year-ago)

Range of estimates
(% of year-ago)

All hogs Sept. 1

98.3

97.3-99.8

Kept for breeding

98.9

98.3-99.7

Kept for marketing

98.3

97.2-99.9

Market hog inventory

under 50 lbs.

98.3

96.5-100.2

50 lbs.-119 lbs.

98.3

97.1-100.7

120 lbs.-179 lbs.

98.1

97.5-99.3

Over 180 lbs.

98.0

97.6-98.6

Pig crop (June-Aug.)

96.6

96.1-97.6

Pigs per litter (June-Aug.)

100.4

100.1-101.1

Farrowings (June-Aug.)

96.3

95.6-97.4

Farrowing intentions (Sept.-Nov.)

98.6

98.2-99.8

Farrowing intentions (Dec.-Feb.)

99.9

99.3-100.4