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US beef and hog futures soar as improved US-China trade ties and strong demand boost markets.
US beef and hog futures reached new highs this week, driven by optimism over improved US-China trade relations and strong demand.
Despite China not being a major buyer of US beef, positive market sentiment boosted cattle futures, while discussions to ease tensions between the world's largest economies have also benefited hog futures.
Boxed beef prices have stayed strong despite concerns over consumer affordability.
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Los futuros de carne de vacuno y cerdo de Estados Unidos se disparan a medida que mejoran los lazos comerciales entre Estados Unidos y China y la fuerte demanda impulsa los mercados.