MURICO.com Forum

Hogs

I just rec this from my broker & will share

Cash is called fully steady which is a change, a departure from the lower cash that has basically been in place since the last week of June. Hog weights were down 1.5 pounds last week. Butcher hog numbers are projected to run 6% lower than last year for much of the first quarter. The monthly cold storage, due out today should confirm very tight frozen stocks. The hog & pig comes out tomorrow at 2:00. All markets are closed Friday.

ACTUAL AVE RANGE
All hogs & pigs 97% 96-99
Kept for breeding 100% 99-100
Kept for marketing 97% 96-99
Sep/Nov pig crop 97% 96-99
Pigs/litter 100.5% 100-101
Sep/Nov farrowings 97% 96-99
Dec/Feb intentions 101% 100-101
Mar/May intentions 100% 98-102

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