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Genesus Genetics says the lean hog index fell $14.00 during March and April futures dropped about $15.00. It argues that China's 25% tariff hits pork offal and bellies, which are a growing share of carcass value, and that Hong Kong may become a route for U.S. pork to reach China.
Losing China as a buyer for offal and bellies reduces the value of the carcass and pressures hog prices, especially with record hog supplies.
thepigsite.comGlobal Ag Media2018年4月15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。
Futures had fallen about $15 on China's pork tariff fears, so the oversold market was set up for a sharp rebound as tariff panic eased and seasonal demand firmed.
Describes the steep March/April futures decline tied to China's pork tariff, which left prices oversold and set up a snapback, though it does not explain the day's upward move directly.
