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China will raise import tariffs on most pork products to 12% from 8% on Jan. 1, 2022, according to its finance ministry, citing sharp growth in domestic output.
China also reported African swine fever in two trucks transporting pigs in Hebei, its first official ASF report since July. Tyson Foods plans to spend over $1.3 billion on plant automation over three years.
Higher Chinese tariffs reduce access for US pork exporters, which weighs on export demand for lean hogs. Domestic oversupply in China is also pulling in less imported pork, which is bearish for US hog prices.
thepigsite.comSarah Mikesell17 Des 2021Setelah 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.
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.
