
Rabobank's Q3 2017 Global Pork Quarterly says global pork trade is shifting as China's imports slow while other importers grow significantly. It expects global pork supply to rise further in the second half of 2017 and competition for consumers to intensify.
China's pork prices have fallen about 30% from 2016 records, and its 2017 hog output is forecast to rise about 2%.
Expanding global pork supply and weaker Chinese import demand point to softer hog prices in the second half of 2017. The Rabobank Five-Nation Hog Price Index has been stable so far, but the outlook leans lower.
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.