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US pork producers are losing money from retaliatory tariffs, with losses cited at roughly $20 per head and about $200 million a month across slaughter volumes. Producers are seeking new export markets as prices fall.
Tariff-driven export losses and the search for new buyers signal weaker US hog prices and reduced domestic feed demand.
apnews.comJeff De Young Iowa Farmer TodayDec 30, 2018After 123 past bearish trade events, Lean Hogs moved a median -0.4% over 5 sessions (43% higher; middle half -2.9% to +2.0%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
