USDA's Economic Research Service projects fourth-quarter US pork production at a record above 7 billion pounds, up 3.5 percent from a year earlier. Strong domestic and export demand is keeping pork inventories current, and the stocks-to-production ratio is projected to fall to its lowest since 1990.
Record production is offset by strong demand, but heavy supplies keep fourth-quarter hog prices forecast about 9 percent below last year. This supports lower hog prices despite tight ending stocks.
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.