Lean hog futures have shown volatility, with several moves of more than 5% since the start of the year. Limited trim supply and lower-than-expected slaughter have supported some pork segments.
Ham prices have been influenced by trade war speculation involving Mexico, and a large Mexican order has lifted values ahead of Easter.
Limited supply in processing items and firm ham demand support pork values, while belly prices remain vulnerable to slaughter swings. Trade tension with Mexico adds uncertainty to near-term hog pricing.
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.