Hogs and Pigs Report-Bearish

[marketeye]

Friday's Hogs & Pigs Report is seen as bearish.

--Higher than expected farrowings folr the March-May period.

--All hogs and pigs % came in at the high end of expectations.

--Dec-Feb pigs per litter estimate was lower than the avg. estimate. That was one of the few bullish numbers of the report.

One analyst sees the Monday hog market hitting limit down. What do you say? I'd be interested.

Thanks,

Mike

[perspec]

Most of this runup in hogs was due to media hype.   Nice bonus!   Hog numbers are less but higher market weights are resulting in more lbs of pork compared to last year and numbers are building.  Don't underestimate pork producers.  They are a step ahead of the media.

[gough whitlam]

Mike - what is the difference between hogs and pigs?  All the same here.

[marketeye]

goug,

A hog is at market weight or near market weight. A pig is anything smaller than that. I know what you're saying. I grew up on a hog farm and we referred them as both most of the time. But, for reporting purposes the government categorizes them.

Mike

[gough whitlam]

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@marketeye wrote:

goug,

A hog is at market weight or near market weight. A pig is anything smaller than that. I know what you're saying. I grew up on a hog farm and we referred them as both most of the time. But, for reporting purposes the government categorizes them.

Mike

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Categorising them like that doesnt make sense.