USDA Quarterly All hogs and Pigs Report Estimates

The USDA Quarterly All Hogs and Pigs report is scheduled for release at 3:00 p.m. ET. The street estimates for the U.S. inventory of all hogs and pigs are near 101.2 percent of last year, the range of estimates is 100.6-102.3 percent. The street estimate for hogs kept for breeding supply is at 100.5 percent of a year ago from a range of estimates of 99-101.1 percent. Street estimates for hogs kept for market is near 101.3 percent of last year, the range of estimates is 100.6 percent to 102.4 percent.