{"id":173678,"date":"2020-07-15T07:45:45","date_gmt":"2020-07-15T11:45:45","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=173678"},"modified":"2020-07-15T07:39:43","modified_gmt":"2020-07-15T11:39:43","slug":"lean-hogs-analysis-rising-chinese-pork-imports-bullish-for-lhog-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/07\/lean-hogs-analysis-rising-chinese-pork-imports-bullish-for-lhog-2\/","title":{"rendered":"Lean Hogs Analysis: Rising Chinese pork imports bullish for LHOG"},"content":{"rendered":"
July 15, 2020<\/div>
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By IFCMarkets<\/a><\/strong><\/p>\n

Rising Chinese pork imports bullish for LHOG<\/strong><\/p>\n

China\u2019s imports of pork are on the rise. Its January to June imports of pork were at 2.12 million tons in the first six months of the year, up 140% over the same period a year ago, according to China\u2019s General Administration of Customs. China is the second largest pork importing country in the world after Japan, accounting for $4.5 billion (14.1%) of total imported pork in the world in 2019. Rising Chinese pork imports are bullish for LHOG. However China has started testing containers of frozen food for the presence of the coronavirus, and additional testing will negatively affect its meat imports. Likely drop in Chinese pork imports due to testing requirement is a downside risk for LHOG.<\/p>\n\n\n\n\n\n\n\n\n\n\n
Indicator<\/th>\nVALUE<\/th>\nSignal<\/th>\n<\/tr>\n<\/thead>\n
RSI<\/td>\n<\/td>\nNeutral<\/td>\n<\/tr>\n
MACD<\/td>\n<\/td>\nSell<\/td>\n<\/tr>\n
Donchian Channel<\/td>\n<\/td>\nBuy<\/td>\n<\/tr>\n
MA(50)<\/td>\n<\/td>\nBuy<\/td>\n<\/tr>\n
Fractals<\/td>\n<\/td>\nBuy<\/td>\n<\/tr>\n
Parabolic SAR<\/td>\n<\/td>\nBuy<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Summary of technical analysis<\/h2>\n\n\n\n\n\n
Order<\/b><\/td>\nBuy<\/td>\n<\/tr>\n
Buy stop<\/b><\/td>\nAbove 51.69<\/td>\n<\/tr>\n
Stop loss<\/b><\/td>\nBelow 48.93<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Market Analysis provided by IFCMarkets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets Rising Chinese pork imports bullish for LHOG China\u2019s imports of pork are on the rise. Its January to June imports of pork were at 2.12 million tons in the first six months of the year, up 140% over the same period a year ago, according to China\u2019s General Administration of Customs. China is […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-173678","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=173678"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173678\/revisions"}],"predecessor-version":[{"id":173685,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/173678\/revisions\/173685"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=173678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=173678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=173678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}