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The National Pork Producers Council will lobby Congress on preventing foreign animal diseases, especially African swine fever, along with farm labor shortages and reauthorization of a livestock price reporting law. More than 100 producers were expected to take part in the virtual fly-in.
Lobbying for ASF funding and labor support reflects industry concern about supply risks, but it does not itself change current hog or feed supply and demand.
nppc.orgdev1@grafik.comDec 1, 2021After 26 past neutral policy events, Lean Hogs moved a median -0.9% over 5 sessions (38% higher; middle half -2.6% to +1.7%), and +0.2% over 20.
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.
