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Austrian chamber reports continued oversupply and weak meat sales in Europe, with the base pig price unchanged at 1.35 euros per kg. A fire at a German cutting plant and announced strikes in Spain add pressure, while rising US export sales lift the US lean hog market.
Persistent European pork surpluses keep hog prices capped, and firmer US export demand offers some support for US lean hog futures.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.