CME lean hog futures rose in deferred contracts after a USDA report showed producers plan 1% fewer sows farrowing from March to May and 3% fewer from June to August. Analysts were surprised, as they had expected slight increases.
The March 1 breeding herd was up slightly from last year.
Lower intended farrowings point to tighter future hog supply, supporting deferred hog prices and eventually reducing feed demand if producers cut herds. Analysts doubt the intentions will hold.
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.