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Industry analysts outline 2019 US meat and poultry outlook, with total red meat and poultry production projected at 104.2 billion lbs. Key factors include global demand, the removal of tariffs on US pork, and ASF's impact on China's hog herd.
Heavy protein supplies put pressure on chicken prices, while tariff relief and ASF-driven import demand could support pork and beef, shaping feed grain demand.
meatpoultry.comSteve KayAug 2, 2019Not enough comparable past events yet for a historical read.
After 37 past macro events, Lean Hogs moved a median -0.4% over 5 sessions (46% higher; middle half -2.2% to +2.4%), and +0.0% over 20.
After 18 past neutral macro events, Live Cattle moved a median +0.1% over 5 sessions (61% higher; middle half -1.0% to +1.6%), and +1.0% 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.
