
CME lean hog futures fell sharply on Tuesday as US-China tensions grew. China threatened to halt all purchases of US farm products after Trump announced a 10% tariff on a further $300 billion in Chinese imports.
Cash hog prices in Iowa and southern Minnesota also fell.
Threatened Chinese boycotts of US pork remove a key export outlet at a time when African swine fever has tightened Chinese supply, pressuring US hog prices.
과거 하락 무역 이벤트 123건 이후, 돈육 (Lean Hogs)은 5거래일 동안 중앙값 -0.4% 변동(상승 43%; 중간 50% 범위 -2.9%~+2.0%), 20거래일 동안 -0.2%.
각 품목 벤치마크의 이벤트 직전 종가 대비 변동. 과거 수치는 같은 유형의 과거 이벤트를 합산한 것으로, 일어난 일을 설명할 뿐 앞으로 일어날 일이 아닙니다. 투자 자문이 아닙니다.
The Aug 6 hog selloff on US-China trade tensions and China's threat to halt US farm purchases weighed on export-demand expectations, though it falls just before the window and the move is partly a carryover.