
Bloomberg reports U.S. pork production is poised to reach an all-time high in 2018 and rise again in 2019. Tariffs from China and Mexico threaten to curb export demand, leaving more pork at home.
Record output with threatened export outlets pushes domestic pork values lower, making pork cheaper for feed-linked buyers. Losing export demand is the key downside driver for hog prices.
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.
Published 2018-07-13, just before the drop, it highlights record US pork output and tariff-threatened exports, which would push more pork onto the domestic market and weigh on hog futures.