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An analyst says recent large drops in wholesale pork cut values and hog prices are not supply-driven, since slaughter and pork output have run close to forecasts. He attributes the weakness mainly to exports, which were down 4.8% year on year in July and have been a drag on wholesale demand all year.
He also notes USDA's export data reporting has been delayed.
Weaker export demand for pork cuts into wholesale value and hog prices, and this drag is expected to persist, though to a smaller degree.
nationalhogfarmer.comSteve Meyer2022年9月13日在过去 123 次看跌的贸易事件之后，生猪(瘦肉型) 在 5 个交易日内中位数变动 -0.4%（43% 上涨；中间一半区间为 -2.9% 至 +2.0%），20 个交易日内为 -0.2%。
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。
