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Corn prices have risen substantially over the past year as China's pork industry rebuilds from African swine fever. Feed demand from the pork sector has driven a rise of about 30% from last year.
Strong Chinese feed demand for corn supports international corn prices and raises import needs, which matters for feed costs.
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.