Page 6 - Lean Hogs News Today

Updated Price for Lean Hogs (CME: HEJ20). Charting, Price Performance, News & Related Contracts.

Q2 Class III Milk futures lost about 12 cents settling to $18.52.

ASIA: China's manufacturing sector lost momentum in March due to weak export orders, slowing the country's economic recovery from COVID-19 policies. The Caixin/S&P Global manufacturing purchasing managers' index (PMI) fell to 50.0 in March from 51.6 in February, which was the first monthly activity expansion in seven months. However, China's economy showed signs of recovery

ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 99.27 points or 0.35% to 28,287.42 Shanghai increased 16.16 points or 0.49% to 3,312.56 Hang Seng decreased 134.59 points or -0.66% to 20,274.59 ASX 200 increased 13.00 points or 0.18% to 7,236.00 Kospi increased 8.17 points or 0.33% to 2,480.51

Updated Price for Lean Hogs (CME: HEG22). Charting, Price Performance, News & Related Contracts.

ASIA: Local governments in China are facing a debt crisis, with direct debt exceeding 120% of revenue, which is more than what Beijing has unofficially said is an acceptable debt level. The country's explicit local government debt nearly doubled over five years to the equivalent of $5.14 trillion last year, and there are rapidly

ASIA: The US and Japan have agreed to not impose export duties on critical minerals needed for electric vehicle batteries. The agreement is aimed at reinforcing supply chains and reducing dependence on China, which currently dominates the sector. The US law requires 40% of critical minerals in eligible EV batteries to be extracted from

ASIA: Japan's economy narrowly averted a recession in the final months of 2022, barely growing on frail consumption after shrinking in the third quarter, revised data showed, underscoring the challenge for policymakers trying to shore up a wobbly recovery. Record high inflation and slowing global growth amid sweeping monetary tightening across many countries

ASIA: Asia was an outlier for Zara owner Inditex last year, the only region where profits fell as China faced COVID-19 lockdowns, while profit ballooned in the Americas, the fashion retailer's annual report showed on Thursday. Inditex, the world's biggest fashion retailer, reported record annual sales on Wednesday. It has been expanding in the

ASIA: India's domestic economy is its primary engine of growth and the slowdown in economic activity late last year will only be temporary, said Moody's Analytics on Tuesday. Citing that the private consumption lagging overall GDP for the first time since the Delta wave of Covid-19 struck the economy in the second quarter of 2021,