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Pig Site reports that US hog slaughter in February ran about 5% above a year earlier, with processors bidding up hog prices as wholesale pork demand rose. Pork sales of about 2.4 billion pounds were nearly 5% higher, and cutout values were up 8.3%.
Higher wholesale pork demand and firm cutout values support hog prices and give processors margin to pay up for hogs, which lifts hog market values for feed buyers.
thepigsite.comMelanie Epp1 Mar 2024Setelah 100 peristiwa laporan bullish sebelumnya, Babi Hidup (Lean Hogs) bergerak median -0,2% selama 5 sesi (49% lebih tinggi; separuh tengah -1,9% sampai +2,0%), dan -0,4% 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.
