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Lean hog futures remained choppy and sideways, though bulls hold a slight near-term technical edge. The CME lean hog index rose 49 cents to $92.34 as of May 20, and USDA reported net pork sales of 37,400 MT, with China returning as a buyer.
Brazil's meat industry sought expanded port cold storage after its first HPAI outbreak disrupted exports.
China's return to US pork buying supports hog prices and export-linked demand. Brazil's bird flu disruption shifts global poultry and pork trade flows, which can firm prices for competing proteins.
agricultureofamerica.comMay 23, 2025Not enough comparable past events yet for a historical read.
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.
