
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.
過去の強気な貿易イベント85件の後、ホッグ(リーン) は5営業日で中央値 +0.8% 動き(54% が上昇。中央50%は -1.8% から +4.5%)、20営業日では +4.0% 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。
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.