
USDA's Dec. 1 Quarterly Hogs and Pigs report showed the market hog inventory at 68 million head, down 4% from 2020, and total hog inventory at 74.2 million head.
The September-November pig crop was down 4% and sow farrowings fell 5%. Analysts said the numbers came in below trade expectations.
Smaller market hog supplies and a reduced pig crop point to tighter pork supplies into 2022, which supports lean hog prices. Producers were profitable in 2021, which supports the view that supply will stay constrained.
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.