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Chinese hog farms are expanding rapidly, helped by government incentives and record pork prices. Analysts say it could take months for production to rise enough to cool the market and reduce imports.
Near-term tight pork supply keeps import demand for protein and feed elevated, supporting hog and feed ingredient prices until new herd growth arrives.
bloomberg.comBloomberg NewsSep 10, 2020After 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.
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.
