
CME lean hog futures rose to their highest level in nearly three months on 25 August, with October lean hogs closing up 1.35 cents at 55.95 cents per pound. USDA data showed pork supplies did not rebound after plant reopenings, with frozen pork stocks in July at their lowest for any July in nine years.
Tight pork supplies support hog prices as packers restart after COVID shutdowns. Firmer hog prices support hog-sector feed demand.
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.