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April lean hog futures went limit-down by $4.00/cwt on Feb. 3 after reports that new US tariffs would hit major trading partners, including Mexico, which takes over 25% of US pork exports.
Trump and Mexican President Sheinbaum then agreed to delay new tariffs on Mexico until March 1, while China launched targeted retaliatory tariffs.
Potential loss of Mexican pork export demand would leave more pork at home and push domestic hog prices lower. The trade dispute keeps hog futures volatile.
barchart.comJim Wyckoff4 feb 2025Tras 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.
