
USDA's March Hogs and Pigs report showed March 1 market hog inventory below a year earlier, the first such decline for March since 2014. Every market hog weight category was below last year, and farrowing intentions were cut.
Inventory came in below the average trade estimate in every category.
A smaller hog inventory and lower farrowing intentions point to reduced slaughter supplies through summer, supporting lean hog futures.
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.