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Front-month hog futures extended gains on Thursday after USDA export sales showed record weekly pork bookings of 71,855 MT, with Mexico, China and Japan as main buyers. The National Average Base Hog price and CME Lean Hog Index also moved higher.
Robust pork export demand supports hog prices and signals firm domestic meat demand heading into spring marketing.
ibestmedia.com15 Feb 2024Setelah 85 peristiwa perdagangan bullish sebelumnya, Babi Hidup (Lean Hogs) bergerak median +0,8% selama 5 sesi (54% lebih tinggi; separuh tengah -1,8% sampai +4,5%), dan +4,0% 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.
Front-month hogs extended gains on Feb 15 after record pork bookings to Mexico, China and Japan, with cash and index prices also higher, directly matching the move.
Front-month hogs extended gains on the record export bookings, with the cash index and base hog price also rising.
