Memuat…
US pork plants are slowing slaughter rates after a federal judge in Minnesota voided a USDA directive that allowed elevated speeds. Producers could lose about $80 million this year as hogs back up on farms.
Lean hog futures have dropped 5% since peaking June 1, with August falling the exchange maximum.
Slower packer throughput lengthens hog supply on farms and adds to later supply, weighing on deferred lean hog futures. Higher holding costs for producers can change feed purchase pace.
farmprogress.comBloomberg16 Jun 2021Setelah 34 peristiwa kebijakan bearish sebelumnya, Babi Hidup (Lean Hogs) bergerak median -0,3% selama 5 sesi (41% lebih tinggi; separuh tengah -1,6% sampai +1,3%), dan -1,8% 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.
Slower US slaughter speeds after the court ruling back hogs up on farms, adding near-term supply pressure and fueling fears the rally had peaked.
