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The USDA September Hogs and Pigs report showed a hog inventory just over 79 million, up 1% from a year ago and down 1% from June. The breeding herd fell 1.5% while market hogs rose 1%.
Analysts estimate 1.5 million hogs are backed up in the system due to COVID-19 plant slowdowns.
Strong export demand is expected to offset ample supply, supporting hog prices in the fourth quarter despite the large herd and processing backlog.
rrfn.comDon Wick2020年9月25日在过去 100 次看涨的报告事件之后，生猪(瘦肉型) 在 5 个交易日内中位数变动 -0.2%（49% 上涨；中间一半区间为 -1.9% 至 +2.0%），20 个交易日内为 -0.4%。
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。
