
CME lean hog futures finished lower on May 11 as funds rolled June contracts into August and traders worried about NAFTA talks. Mexico's economy minister said his country would not rush a NAFTA revamp, and U.S. pork exports to Mexico were valued at $371.3 million in January through March.
Uncertainty over NAFTA threatens Mexico, the top U.S. pork market, so the risk to export demand is bearish for hog prices.
Setelah 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.