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Lean hog and pork cutout futures opened sharply higher on Sept. 27 after USDA's quarterly Hogs and Pigs report came in well outside pre-report estimates.
The report showed all hogs inventory down 3.9% year over year and a much smaller winter pig crop.
A smaller hog supply through winter, with slaughter possibly down up to 6%, tightens pork availability and supports higher lean hog prices, which raises feed demand outlook for hog-related feed ingredients.
porkbusiness.comJennifer Shike27 Sep 2021Setelah 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.
