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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.comBloomberg2021/06/16過去の弱気な政策イベント34件の後、ホッグ(リーン) は5営業日で中央値 -0.3% 動き（41% が上昇。中央50%は -1.6% から +1.3%）、20営業日では -1.8% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。
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.
