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US lean hog futures hit their lowest in nearly two months on 10 November after the 3-cent daily trading limit was hit the previous day. Traders feared the US-China trade war would last longer after President Trump announced tariffs on $200 billion of Chinese goods would rise to 25%.
Higher US-China tariffs threaten pork export demand to China, which is rebuilding its herd after African swine fever, so hog prices face downside pressure until a trade resolution.
porkbusiness.comJennifer Shike11 Nov 2020Setelah 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.
