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Is live pig futures bearish or bullish?
Pig futures are bullish. By the end of 2022, 65438+February 29th, according to the relevant public information, the pig futures opened lower and the trading center kept moving down, with a drop of more than 2.4%. The stocks of newborn pigs at the breeding end are relatively loose, and the phenomenon that retail pig farms are priced out is endless. It is much less difficult for northern slaughtering enterprises to collect pigs smoothly, and it is even more difficult for large pig enterprises to slaughter pigs, which leads to some pig enterprises reducing their prices and increasing the bearish mood in the market.