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A University of Missouri economist says the 2020 hog price outlook is bright after the phase one US-China agreement. The agreement includes $40 billion in annual Chinese farm purchases over two years and tariff relief.
Most 2020 lean hog futures traded above $68 per hundredweight, with summer contracts above $87.
Expected Chinese demand from African swine fever losses and the trade deal supports forward hog prices above production costs of about $63 per hundredweight.
nationalhogfarmer.comRon Plain2019年12月16日在过去 85 次看涨的贸易事件之后，生猪(瘦肉型) 在 5 个交易日内中位数变动 +0.8%（54% 上涨；中间一半区间为 -1.8% 至 +4.5%），20 个交易日内为 +4.0%。
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。
