
US pork producers responded cautiously to the phase one US-China deal, which calls for China to raise annual purchases of US farm goods to at least $40 billion over two years. No product details were available yet.
Hog futures rose about 1% on the news.
A larger Chinese commitment to US farm goods could lift pork export demand and hog prices, though the lack of specifics limits the near-term effect.
Tras 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.
Dec 16 coverage of the phase one deal ($40B in annual farm purchases) tied the day's hog futures gains directly to the trade news, though the cited rise of about 1% is far smaller than the 7.5% move.