
Hog slaughter in the US has run about 4.5% above last year's levels, roughly double the expected increase. Retaliatory Mexican tariffs on US pork are weighing on export values, which are trading near multi-year lows.
Analysts see no sign of a resolution to the US-China dispute.
Oversupply combined with blocked export markets keeps pressure on hog and pork prices. Lower pork values reduce producer returns and their appetite for feed purchases.
Setelah 123 peristiwa perdagangan bearish sebelumnya, Babi Hidup (Lean Hogs) bergerak median -0,4% selama 5 sesi (43% lebih tinggi; separuh tengah -2,9% sampai +2,0%), dan -0,2% 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.