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China and Mexico restricted pig and pork imports from Spain after African swine fever was found there. CHS Hedging said the demand could be met by US suppliers.
The same commentary reported 95 US bird flu cases in the past 30 days, with 1.33 million birds affected.
Redirected import demand from China and Mexico could lift US pork exports and support hog prices. Continued US poultry losses from bird flu tighten poultry supply and could support feed demand.
agupdate.comDec 1, 2025After 85 past bullish trade events, Lean Hogs moved a median +0.8% over 5 sessions (54% higher; middle half -1.8% to +4.5%), and +4.0% over 20.
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.
