Memuat…
The March WASDE raised 2024 red meat and poultry production forecasts, with higher beef, pork and broiler output more than offsetting lower turkey production. Beef processing for 2024 was raised to 26,325 million pounds, and steer price forecasts were lifted by $3 to $183/cwt for March.
Beef import forecasts were also raised.
Higher pork and beef output adds supply that is bearish for hog prices, while higher cattle price forecasts reflect firm demand. The net effect is modest because the changes are small relative to total supply.
hpj.comDave Bergmeier20 Mar 2024Setelah 159 peristiwa laporan bearish sebelumnya, Babi Hidup (Lean Hogs) bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -2,2% sampai +1,3%), dan +1,0% selama 20 sesi.
Setelah 78 peristiwa laporan netral sebelumnya, Sapi Hidup bergerak median +0,2% selama 5 sesi (54% lebih tinggi; separuh tengah -1,0% sampai +1,0%), dan +0,7% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
