Loading…
Dalian hog futures and pork-producer shares rallied on disease outbreaks, with pork prices at record highs about a year after African swine fever arrived in China. Fewer piglets and high feed costs are raising the cost of finishing hogs.
ASF-driven herd losses tighten hog supply and raise pork prices, but high feed costs squeeze producer margins, which can cut feed demand over time.
reuters.comDominique PattonFeb 8, 2021After 177 past bullish disease events, Lean Hogs moved a median +0.2% over 5 sessions (52% higher; middle half -1.8% to +2.7%), and +0.9% over 20.
After 145 past neutral disease events, Corn moved a median +0.4% over 5 sessions (58% higher; middle half -1.2% to +1.7%), 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.
