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US wholesale pork prices are at their lowest seasonal level in a decade as the hog herd reached its highest since 1943, per USDA data cited in the report. Hog futures had their biggest monthly loss in almost a year in June, and China's ban on Canadian meat after forged health certificates could add North American supply.
Excess US hog supply and weak pork cuts-out point to continued pressure on hog futures, while rising domestic pork consumption offers partial offset. Cheap feed encouraging heavier hogs adds to the supply glut.
freemalaysiatoday.comBloomberg29 Jun 2019Setelah 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.
Setelah 1.102 peristiwa laporan bearish sebelumnya, Jagung bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -1,8% sampai +1,3%), dan +0,0% 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.
