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Rabobank expects China's 2019 pork imports to double to 2 million tonnes as African swine fever hits production. Chinese pork output could fall up to 20% this year, and China has reported 113 outbreaks since August.
Rising Chinese pork imports tighten global pork supply and support hog prices.
grainews.caGFM Network NewsMar 22, 2019After 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.
