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China and Hong Kong pork imports have moderated from record 2016 levels as China's domestic hog production rebounded and its hog prices cooled. May imports were down 15% year-over-year including Hong Kong, and muscle-cut imports fell 27%, while Jan-May totals were up 7%.
Imports are projected to finish 2017 about 4% below last year's record.
Lower Chinese import demand reduces outlets for global pork and weakens export pull on US hog prices. A possible seasonal rally in China later in the year could partly offset this.
nationalhogfarmer.com12 jul 2017Tras 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.
