On Thursday, USDA will release its quarterly Hogs and Pigs report for the June through August quarter showing the inventory as of 1 September. Pre-report expectations peg the total inventory at 100.5 percent of last year. That would imply 75.7 million head, the largest inventory for the quarter since 2020.
The table below shows all the pre-report expectations by category.
Pigs saved per litter is 101 percent of last year, which was a quarterly record at 11.61, so if that estimate is correct there will be a new record.
The analysts' consensus guesss is that the pig crop will be 99 percent of last year; the range among the forecasts was a low of 98.7 to 99.6 percent, or in other words no forecast of growth, wh...
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USDA released its monthly World Supply and Demand Estimates on Friday, forecasting tighter beef supplies and growing pork and broiler supplies. Beef production was lowered due to a slower fed cattle harvest, which was offset somewhat by cow slaughter. Fed cattle slaughter was forecast to...
Developer's Note: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where obs...
