
China and Hong Kong pork imports have moderated from record 2016 levels as China's domestic hog production rebounded and its hog prices cooled. May imports were down 15% year-over-year including Hong Kong, and muscle-cut imports fell 27%, while Jan-May totals were up 7%.
Imports are projected to finish 2017 about 4% below last year's record.
Lower Chinese import demand reduces outlets for global pork and weakens export pull on US hog prices. A possible seasonal rally in China later in the year could partly offset this.
Na 123 eerdere neerwaarts handel-gebeurtenissen bewoog Magere varkens zich mediaan -0,4% over 5 sessies (43% hoger; middelste helft -2,9% tot +2,0%), en -0,2% 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.