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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.
reuters.comKarl Plume2019年8月6日在过去 123 次看跌的贸易事件之后，生猪(瘦肉型) 在 5 个交易日内中位数变动 -0.4%（43% 上涨；中间一半区间为 -2.9% 至 +2.0%），20 个交易日内为 -0.2%。
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。
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.
