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CME lean hog futures hit the daily limit and approached a one-month high after hopes rose that China will boost US pork imports. China confirmed a new African swine fever outbreak in Sichuan, and it has reported more than 140 outbreaks.
Chinese pork prices have recently increased, and Chinese imports of US pork have so far fallen short.
Expectations of a Chinese buying program support US hog prices, which rely on large Chinese purchases to clear excess domestic inventories.
thepigsite.comEmily Houghton18 jul 2019Tras 85 eventos alcista de comercio pasados, Cerdo magro se movió una mediana de +0,8 % en 5 sesiones (54% al alza; mitad central entre -1,8 % y +4,5 %), y +4,0 % 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.
