Memuat…
National negotiated hog carcass prices rose about $30 per cwt (67%) in six weeks to roughly $75.50 in mid-April 2019, the highest since mid-July. The April lean hog contract expired at $79.30, with the rally driven mainly by optimism about pork export demand.
Expected record pork exports against heavier hog weights support hog prices, while higher exports help offset large domestic supplies.
nationalhogfarmer.comRon Plain15 Apr 2019Setelah 85 peristiwa perdagangan bullish sebelumnya, Babi Hidup (Lean Hogs) bergerak median +0,8% selama 5 sesi (54% lebih tinggi; separuh tengah -1,8% sampai +4,5%), dan +4,0% 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.
Mid-April cash carcass price surge and April contract expiry at $79.30 reflect export-demand-driven strength, and expiry/cash convergence likely contributed to futures buying.
Describes the six-week rally in hog prices on export optimism and the April contract expiry at $79.30, which is consistent with the move, though dated just after the window.
