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USDA ISSUES "QUARTERLY HOGS AND PIGS" REPORT
Dec. 26, 2017
Source: USDA news release
The U. S. Department of Agriculture's National Agricultural Statistics Service (NASS) released the Quarterly Hogs and Pigs report on Friday. The report presents data on the U.S. pig crop, including inventory number by class, weight group, farrowings and farrowing intentions.
Total hog inventory on Dec. 1 was 73.23 million head, 2.4 percent higher than a year ago but slightly lower than the inventory on Sept. 1. Market hog inventory was an all-time high for the first of December at 67.051 million head, 2.5 percent higher year over year.
Pigs saved per litter was a record for the September-November timeframe at 10.74. Most estimates were marginally larger than analyst expectations, but futures markets appeared unfazed following the report's release.
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