
Hog slaughter has run close to the level implied by USDA's September Hogs and Pigs inventory, down about 1.4% over seven weeks. Packer slaughter capacity appears more than sufficient, and farm-to-wholesale pork spreads averaged lower than last year.
US pork exports were down 14.8% in the first eight months of 2022, mostly due to lower shipments to China.
Slaughter tracking inventory data points to steady supplies, while weaker export demand and ample packer capacity limit upside for hog prices.
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.