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Hog futures fell as the coronavirus spread in China, with reports that China under-reported cases and the WHO warning the outbreak could go in any direction. Rabobank forecasts China's pork output could fall 20 percent in 2019 levels this year.
Supply chain disruptions are also hitting meat distribution to Chinese consumers.
Expected weaker Chinese pork demand from the outbreak is bearish for US hog prices, although a likely rise in Chinese pork imports offsets some of that pressure.
在过去 117 次看跌的疫病事件之后,生猪(瘦肉型) 在 5 个交易日内中位数变动 -0.6%(36% 上涨;中间一半区间为 -2.2% 至 +1.6%),20 个交易日内为 +1.2%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。