Hogs and pigs report comes out close to expectations

All hogs in the U.S. as of June 1 were reported as steady with a year ago, compared to expectations for 100.5% to 101.5%. Hogs kept for breeding came out at 101%, in the middle of the 100% to 102% pre-report range. Marketings were unchanged from a year ago, compared to estimates for 100% to 101.5%.

Hogs weighing less than 60 pounds were reported at 101%, at the low end of the range of estimates. Hogs from 60 to 119 pounds were pegged at 100% of a year ago, lower than all expectations. Hogs from 120 to 179 pounds were steady with last year. Analysts had been expecting 100% to 102%. Hogs weighing 180 pounds and over were placed at 98%, compared to estimates of 97.5% to 101%.

To continue reading this article please click here

Source: Brownfield

Sign up for our
regular news updates

More of the latest Pig Industry News

•   OIE Monitors Global Pandemic H1N1 2009 Situation
•   CPC Urges Action on Canada-Columbia FTA
•   Guidance Document on Pig Protection Endorsed
•   NFUS Urges Participation in Carbon Footprint Study
•   Defra's New Guidelines to Reduce Salmonella in Feed
•   Study to Bring Benefits to Meat Sector
•   New Merck Company Begins Operations
•   Influenza A/H1N1 Outbreak in Swine Confirmed
•   Ensuring the Most Exposed Animals the Best Welfare
•   Pork with Anabolic Steroid Found in HCM City