USDA's Beijing attache report projects China's hog production will fall 5% in 2022 because of low inventories and a smaller sow herd. Early-2021 price declines were driven by African swine fever outbreaks and forced herd liquidation.
Government policy is expected to favor large-scale producers.
A smaller Chinese hog herd in 2022 would reduce feed demand for corn and soymeal and support hog prices, a key signal for feed buyers.
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.