Gro Intelligence reports that US pork exports to China-Hong Kong are down year-to-date through June compared with 2016. Variety meat exports are bucking the trend, up 19% year on year.
China's hog herd is declining, and buyers are turning to US supply for items such as pig snouts, ears, liver and feet.
Shrinking Chinese hog numbers are pulling in US variety meat exports, which supports demand for those cuts. The effect on overall pork prices is limited while total exports still fall.
Setelah 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.