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Archer Financial analyst Dennis Smith said new hog slaughter plants in Iowa and Michigan will prevent backlogs during peak fall production. Daily slaughter set records at 460,000 head, while pork inventories are falling as exports and domestic consumption absorb supply.
Smith flagged Mexico's pullback during NAFTA renegotiation as a risk.
Expanded packing capacity and firm domestic and export demand support hog prices despite record output. Uncertainty over NAFTA and Mexican pork purchases is a downside risk for pork prices and feed demand.
在过去 85 次看涨的贸易事件之后,生猪(瘦肉型) 在 5 个交易日内中位数变动 +0.8%(54% 上涨;中间一半区间为 -1.8% 至 +4.5%),20 个交易日内为 +4.0%。
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。