
A USDA analyst said US hog producers are expanding output, with the December hog inventory the largest in 75 years at 74.6 million head. Slaughter supplies are expected to rise about 3% and pork production about 4% in 2019, while hog prices may fall about 7%.
Pork exports could reach a record 6.3 billion pounds.
Expanding hog numbers and heavier weights point to more supply and lower hog prices in 2019. Export growth could partly offset domestic pressure and support pork demand for feed.
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.