
CME lean hog futures rallied on June 27 on short-covering and position squaring before month and quarter end, after prices hit multi-month lows earlier that week. USDA's quarterly hog report showed the US herd on June 1 up 3.6% from a year earlier, near trade expectations, and US pork export sales were solid with 10,400 tonnes sold to China.
A growing hog herd adds supply and pressures lean hog prices, though short-covering and firm export demand offered temporary support. Feed costs and export demand from China remain the key swing factors for hog margins.
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.