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Lean hog futures rose on April 30 on strong weekly pork export sales and firmer wholesale pork prices. The pork cutout jumped nearly $10 as slaughter fell due to plant closures from coronavirus infections.
Strong export demand and tight packer supplies support hog prices, which supports demand for feed inputs in hog production.
agcanada.comAGCanada1 may 2020Tras 85 eventos alcista de comercio pasados, Cerdo magro se movió una mediana de +0,8 % en 5 sesiones (54% al alza; mitad central entre -1,8 % y +4,5 %), y +4,0 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
Lean hog futures rose on Apr 30 on strong export sales and a near $10 jump in the pork cutout as plant closures cut slaughter, which fed directly into the rebound in the week ending May 3.
