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South Korea's agriculture ministry removed a longstanding barrier on EU pork and poultry imports, recognising EU regionalisation rules for African swine fever and avian influenza. The EU says the decision could unlock over one billion euros of trade over coming years.
Reopened access to a major importer expands EU export demand for pork and poultry, supporting EU hog and chicken prices as surplus supplies find outlets.
food.ec.europa.euDirectorate-GeneralSep 5, 2022After 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.
