
USDA revised Q2 2023 US pork production down 5 million pounds to 6.635 billion pounds. May hog weights averaged about 215 pounds, nearly 3 pounds lower than a year earlier, as producers sold lighter hogs amid lower returns.
Hog prices in May averaged more than 25% below a year earlier.
Lower pork output and lighter weights tighten pork supply, supporting hog and pork prices, though sharply lower year-on-year prices reflect weak margins and ongoing supply pressure.
Setelah 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.