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A USDA analyst said US hog producers are expanding output, with the December hog inventory the largest in 75 years at 74.6 million head. Slaughter supplies are expected to rise about 3% and pork production about 4% in 2019, while hog prices may fall about 7%.
Pork exports could reach a record 6.3 billion pounds.
Expanding hog numbers and heavier weights point to more supply and lower hog prices in 2019. Export growth could partly offset domestic pressure and support pork demand for feed.
nationalhogfarmer.comUSDA28 feb 2019Tras 159 eventos bajista de informe pasados, Cerdo magro se movió una mediana de -0,2 % en 5 sesiones (47% al alza; mitad central entre -2,2 % y +1,3 %), y +1,0 % 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.
