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USDA's Dec. 1 Quarterly Hogs and Pigs report showed the market hog inventory at 68 million head, down 4% from 2020, and total hog inventory at 74.2 million head.
The September-November pig crop was down 4% and sow farrowings fell 5%. Analysts said the numbers came in below trade expectations.
Smaller market hog supplies and a reduced pig crop point to tighter pork supplies into 2022, which supports lean hog prices. Producers were profitable in 2021, which supports the view that supply will stay constrained.
porkbusiness.comJennifer Shike24 dec 2021Na 100 eerdere opwaarts rapport-gebeurtenissen bewoog Magere varkens zich mediaan -0,2% over 5 sessies (49% hoger; middelste helft -1,9% tot +2,0%), en -0,4% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
