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China's hog futures rose as much as 6% on Monday after a National Day holiday demand surge and tight supply lifted spot prices to their highest since March 2021. The state planner said it would release pork from reserves to cool prices.
Rising Chinese hog prices support stronger demand for feed ingredients, though government reserve releases may cap the rally.
porkbusiness.comReutersOct 10, 2022Not 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.
