Following are pre-report expectations ahead of the Friday, 2:00 p.m. CT, March 21 report:
Report expectations | Avg. Trade Guess | Range |
% of year-ago levels | ||
On Feed | 98.9 | 97.8-100.1 |
Placements | 109.7 | 102.2-118.2 |
Marketings | 97.0 | 96.0-100.1 |
Throughout 2014, the On Feed category should remain below year-ago levels due to tight supplies. For the March report, the Placements category is the wildcard as the range of expectations are wide, but all of those surveyed by Dow Jones News expect Placements above year-ago levels.
