
A University of Missouri livestock economist said the lean hog market will likely stay focused on exports for the rest of 2019. USDA export sales showed higher sales to Mexico, while hoped-for Chinese buying has not yet materialized.
Supplies of pork are very large.
Strong Mexican buying supports hog prices, but with heavy domestic supplies, prices depend on keeping export demand steady until Chinese purchases appear.
Setelah 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.