
US pork prices have risen as a hot summer has reduced hog weights and output. Hog prices had been expected to depend on the US-China trade war and African swine fever, which has spread across Asia and Eastern Europe and cut production by about 30%.
Expected Chinese demand has failed to materialize, leaving a large US herd.
Heat-related losses in weights and output tighten US pork supply, supporting prices, though the direction of future moves depends on trade developments.
Setelah 12 peristiwa cuaca bullish sebelumnya, Babi Hidup (Lean Hogs) bergerak median +1,5% selama 5 sesi (58% lebih tinggi; separuh tengah -1,6% sampai +7,1%), dan -3,9% 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.