According to The Kobeissi Letter, China canceled approximately 12,000 metric tons of US pork shipments last week, marking the highest cancellation volume since the 2020 pandemic. This led to overall US pork export sales dropping to their lowest level in recent years, signaling potential volatility in agricultural commodity markets and impacting related futures prices. Traders should closely monitor US pork futures and global protein supply chain shifts as this development could drive increased price fluctuations and affect hedging strategies (source: The Kobeissi Letter, April 28, 2025).