
USDA weekly export sales show US beef net sales of 8,500 MT and pork net sales of 39,500 MT, with pork sales up 85% from the prior four-week average, led by Mexico and Japan. Pilgrim's Pride also plans a $400 million chicken plant and Brazilian chicken exports were reported as resilient despite bird flu.
Strong US pork export demand supports lean hog prices, while Brazilian export resilience limits upside for global chicken prices.
After 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.
After 65 past neutral trade events, Live Cattle moved a median +0.3% over 5 sessions (57% higher; middle half -0.5% to +1.4%), and +2.5% 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.