◂ Event Timeline

Nov 22, 2019DISEASEDenmark

Danish Crown overcomes challenges to grow revenue

Danish Crown reported 6% revenue growth for FY2018/19 and a 21% rise in profit from ordinary operations. Pork sales to China rose 29% in volume, and the company cited record pork price increases in the second half.

WHY IT MATTERS

Strong Chinese demand for pork amid African swine fever supports hog prices and feed demand for pork production in Europe.

AFFECTSLean Hogs▲

SOURCE
foodnavigator.comAidan FortuneNov 22, 2019

Price reaction & history

Lean Hogs▲bullishSO FAR1d +0.2%5d -0.4%20d +7.9%

After 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.

Jul 30, 2019Pork market challenges continue due to disease, trade talks | 2019-07-30 | MEAT+POULTRY-2.8%
May 29, 2019FAO—African Swine Fever: Challenges for Some, Opportunities for Others? – American Association of Swine Veterinarians-3.1%
Feb 1, 2019Global protein outlook includes challenges, opportunities | 2019-02-01 | MEAT+POULTRY-1.0%
Jul 13, 2019Welcome to global CFO+10.6%
Sep 11, 2020German African Swine Fever Case Changes Market Direction+5.4%

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.

Lean Hogs HOGS · GP ▸

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