
Lean hog futures have traded sideways after a strong early-March rebound as traders weigh domestic supply and demand against reduced US pork exports. China imposed a 10% tariff on US farm goods including pork, and US pork export sales fell to a new marketing-year low.
China has historically taken a large share of US frozen swine carcass exports.
Lost access to Chinese demand for US pork and carcass products reduces export outlets, which weighs on domestic hog prices. Tighter domestic supply could partly offset this pressure.
Tras 123 eventos bajista de comercio pasados, Cerdo magro se movió una mediana de -0,4 % en 5 sesiones (43% al alza; mitad central entre -2,9 % y +2,0 %), y -0,2 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.