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Veteran Advisor

Hogs and Pigs Report-Bearish

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

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4 Replies
Veteran Contributor

Re: Hogs and Pigs Report-Bearish

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.

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Senior Contributor

Re: Hogs and Pigs Report-Bearish

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

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Veteran Advisor

Re: Hogs and Pigs Report-Bearish

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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Senior Contributor

Re: Hogs and Pigs Report-Bearish


@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


Categorising them like that doesnt make sense.

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