
Lean hog futures rebounded on Nov 21 after a six-session sell-off, closing higher as USDA reported strong weekly pork export sales including sales to China. Chinese officials also said Beijing was willing to work with the US on core trade concerns, though reports suggested a phase one trade deal could slip into 2020.
Hog prices remain tied to China export prospects, and pork export demand supports slaughter and feed use, though the gain was viewed as a technical bounce.
Na 85 eerdere opwaarts handel-gebeurtenissen bewoog Magere varkens zich mediaan +0,8% over 5 sessies (54% hoger; middelste helft -1,8% tot +4,5%), en +4,0% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.