Loading…
Economists interviewed by Pork Business say pork remains a good business despite challenges, with global demand growing. They warn that pork and feed price volatility will persist because demand is inelastic.
They also highlight export opportunities for U.S. pork.
Expectations of persistent volatility and export growth signal that feed buyers should prioritize risk management as pork and feed prices swing.
porkbusiness.comJennifer ShikeMay 31, 2024After 37 past macro events, Lean Hogs moved a median -0.4% over 5 sessions (46% higher; middle half -2.2% to +2.4%), and +0.0% 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.
