Loading…
China's National Development and Reform Commission is coordinating with five large hog and pork producers to ensure supply and price stability, including faster slaughter when necessary. Experts estimate the sow herd shrank by 6-8 million head, larger than officially reported.
Government-directed slaughter acceleration may ease near-term pork prices, but the tight underlying sow supply supports continued Chinese demand for imported pork and feed.
eupork.comeuporkDec 28, 2022After 26 past neutral policy events, Lean Hogs moved a median -0.9% over 5 sessions (38% higher; middle half -2.6% to +1.7%), and +0.2% over 20.
After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.
After 206 past neutral policy events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% 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.
