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Lean hog futures rebounded from a June spike low, with the CME lean hog index down 71 cents to $90.73 as of June 14. China may impose provisional anti-dumping measures on EU pork imports, and its pork imports fell sharply in May.
Possible Chinese duties on EU pork could divert trade flows and affect global pork prices, while weaker Chinese imports reduce global demand.
thepigsite.comSarah MikesellJun 20, 2024After 28 past neutral trade events, Lean Hogs moved a median -0.4% over 5 sessions (46% higher; middle half -2.2% to +0.7%), and -0.3% 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.
