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Hogs and Pigs report on 24 September 2021

The USDA's National Agricultural Statistics Service (NASS) released the new Hogs and Pigs report on 24 September, which you can download and read at the end of the article.

Hogs and Pigs is a quarterly report published in December, March, June and September with inventory and breeding information for each of the 16 largest hog producing states, accounting for nearly 95 per cent of the total U.S. inventory. In addition, a combined total for all other states is estimated in order to publish U.S. level data.

Each December, NASS creates a new sample (group) of producers to be interviewed. This group is interviewed during the following quarters until a new sample is drawn the following December. All 50 states are sampled and published in the December report. However, for the following quarters of March, June and September, NASS only samples the 28 largest states and publishes a state-level number for the largest 16 states.

All known hog producers are eligible to be selected and they are selected based on size groups – the larger operations are sampled more heavily than the smaller operations. Hog producers can respond to surveys through the mail, online or over the phone. Data analysis is conducted locally in the NASS field office before going through a second review by a team in NASS headquarters.

At the U.S. level, a balance sheet approach is used along with current survey indications to formulate the current inventory estimates. Revisions are part of the program and NASS publishes a reliability table with each Quarterly Hogs and Pigs Report.

If you are a commodity trader, you can read more reports in the Commodity reports category. In addition, you can find the calendar of the main commodity reports for this year on the page Commodity reports calendar 2021.

Next Release Date: 23 December 2021

Hogs and Pigs is a quarterly report with inventory and breeding information for each of the 16 largest hog producing states, accounting for nearly 95 per cent of the total U.S. inventory. In addition, a combined

David
David
David is a trader with over 25 years of experience (two years as a fund manager) in currencies and commodities. He collaborates with a major European commodity investment company, and he is the author of several successful books about trading and financial markets.

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