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USDA's Economic Research Service cut second-half 2024 pork production by about 85 million pounds after lower Q3 slaughter and smaller dressed weights. Total 2024 pork production is forecast at 28 billion pounds, up 2.8% from last year.
The ERS also reduced 2024 and 2025 export forecasts because demand from key importers remains weak.
Lower pork output is modestly supportive, but reduced export expectations weigh on hog demand and prices. Hog prices are expected to average $55 per cwt in Q1 2025, signaling continued pressure.
在过去 159 次看跌的报告事件之后,生猪(瘦肉型) 在 5 个交易日内中位数变动 -0.2%(47% 上涨;中间一半区间为 -2.2% 至 +1.3%),20 个交易日内为 +1.0%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。