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US lean hog futures rose to their highest in over a week on Thursday after China's commerce ministry said both sides were discussing a September round of trade talks. Trump said talks were scheduled at a different level, without details.
Traders hope a deal would lift Chinese pork imports, which are needed due to African swine fever.
Hopes of a US-China deal raise expectations of stronger Chinese pork demand for US hogs, supporting hog prices, though no agreement exists yet.
financialpost.comReuters29 Agu 2019Setelah 85 peristiwa perdagangan bullish sebelumnya, Babi Hidup (Lean Hogs) bergerak median +0,8% selama 5 sesi (54% lebih tinggi; separuh tengah -1,8% sampai +4,5%), dan +4,0% 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.
