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USDA's FAS attaché report says Mexico has applied tariffs on $3.6 billion of US agricultural products in response to Section 232 steel and aluminum tariffs, effective immediately. Mexico also opened a 350,000 MT duty-free quota for fresh pork from non-US sources.
Tariffs on $3.6 billion of US farm goods cut US export demand, and the pork quota for non-US supply further shifts Mexican pork imports away from US hog producers, which is bearish for US hog prices.
fas.usda.gov8 Jun 2018Setelah 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.
