
USDA's September Hogs and Pigs report put the US swine herd at 79.099 million head, up 0.7% from a year earlier and above trade expectations. The report showed the heavyweight inventory groups were larger than expected, while lightweight groups were smaller.
Lean hog futures closed higher the day after the release.
A larger-than-expected herd points to heavier hog supplies and record slaughter, which is bearish for prices, though smaller lightweight groups limit the downside.
Setelah 159 peristiwa laporan bearish sebelumnya, Babi Hidup (Lean Hogs) bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -2,2% sampai +1,3%), dan +1,0% 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.