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US lean hog futures fell more than 4% on Nov 20, with February hogs hitting their lowest since Sept. 10 after doubts over a US-China trade deal grew.
China criticized a US Senate bill on Hong Kong human rights, and reports said completion of a phase one trade deal could slip into next year.
Uncertainty over China pork export access is removing expected premiums from deferred hog futures, a bearish signal for hog prices and related feed demand.
grainews.caGFM Network News20 Nov 2019Setelah 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.
