(Bloomberg) -- Hog futures in Chicago fell the most
in two weeks as a Chinese ban on imports of U.S. chicken and
pork cooled prospects for rising demand that sent prices surging
last week. Cattle futures were little changed.
China, the sixth-largest buyer of U.S. pork, suspended
imports from Tyson Foods Inc. and six other companies amid an
intensifying dispute between the countries over food safety. Hog
futures jumped 6.1 percent last week on speculation China would
boost pork imports after the spread of so-called Blue Ear
disease drove up domestic prices 12 percent last month.
Read more at Bloomberg Commodities News
in two weeks as a Chinese ban on imports of U.S. chicken and
pork cooled prospects for rising demand that sent prices surging
last week. Cattle futures were little changed.
China, the sixth-largest buyer of U.S. pork, suspended
imports from Tyson Foods Inc. and six other companies amid an
intensifying dispute between the countries over food safety. Hog
futures jumped 6.1 percent last week on speculation China would
boost pork imports after the spread of so-called Blue Ear
disease drove up domestic prices 12 percent last month.
Read more at Bloomberg Commodities News
No comments:
Post a Comment