
Lean hog futures fell more than 7% on Friday after the USDA quarterly Hogs and Pigs report showed U.S. swine production rebounding from the Covid-19 disruptions faster than expected. Most-active futures were near their lowest level since April.
Supplies remain heavy even with packing plants recovering, so the report points to continued downward pressure on hog prices for feed buyers.
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.