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Bloomberg reports U.S. pork production is poised to reach an all-time high in 2018 and rise again in 2019. Tariffs from China and Mexico threaten to curb export demand, leaving more pork at home.
Record output with threatened export outlets pushes domestic pork values lower, making pork cheaper for feed-linked buyers. Losing export demand is the key downside driver for hog prices.
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。
Published 2018-07-13, just before the drop, it highlights record US pork output and tariff-threatened exports, which would push more pork onto the domestic market and weigh on hog futures.