
USDA's December Hogs and Pigs report put the December 1 all-hog inventory at 74.97 million head, up 0.88% from the prior quarter and 0.02% from a year earlier. The breeding herd fell 3.3% year on year, more than expected, while pigs per litter hit a record 11.66.
Analysts expect bearish hog price outlook near term.
A larger-than-expected drop in the breeding herd points to tighter hog supply later in 2024, which supports hog prices and feed demand over time, though near-term market hog supplies remain similar to last year.
Setelah 61 peristiwa laporan netral sebelumnya, Babi Hidup (Lean Hogs) bergerak median -0,4% selama 5 sesi (48% lebih tinggi; separuh tengah -1,3% sampai +1,8%), dan +2,1% 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.