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China canceled 12,000 metric tons of US pork orders in the week reported April 24, the largest cancellation since 2020. Chinese retaliatory duties bring the total tariff on US pork to about 172%, and US pork export sales fell to their lowest since October.
Loss of China as an export outlet adds pressure to US pork and hog prices, as domestic supply must absorb product that would otherwise be exported.
nationalhogfarmer.comBloomberg2025/05/01過去の弱気な貿易イベント123件の後、ホッグ(リーン) は5営業日で中央値 -0.4% 動き（43% が上昇。中央50%は -2.9% から +2.0%）、20営業日では -0.2% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。
China's cancellation of US pork orders and its roughly 172% tariff cut export demand, but this was already known by May 1, so it is more likely background than a driver of the rally in the week ending May 15.
