
April lean hog futures fell $3.925 to $84.375 on Thursday after the US announced 25% tariffs on Mexico and Canada effective March 4 and an additional 10% on China. Concern centered on retaliation or reduced US pork purchases, as Mexico is the largest buyer of US pork.
Threatened loss of key export markets for US pork weighs on hog futures and cash demand, pressuring prices unless tariff retaliation is avoided.
Setelah 123 peristiwa perdagangan bearish sebelumnya, Babi Hidup (Lean Hogs) bergerak median -0,4% selama 5 sesi (43% lebih tinggi; separuh tengah -2,9% sampai +2,0%), dan -0,2% selama 20 sesi.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
Same-day report of April hog futures falling $3.925 after the US confirmed 25% tariffs on Mexico and Canada, with fears of retaliation or reduced pork purchases by Mexico, the top buyer of US pork (trade flow/demand).