◂ Event Timeline

Dec 24, 2018DISEASEChina

Lean Hog Futures Settle Lower in Holiday-Shortened Session

Lean hog futures settled lower in a holiday-shortened session, with outside markets bearish amid a stock market slump. Reports of a second African swine fever outbreak in Guangdong province, China, were also noted.

WHY IT MATTERS

African swine fever spread in China could increase Chinese import needs for pork over time, but broader market weakness and holiday trading pressured hog prices.

AFFECTSLean Hogs▼

SOURCE
dtnpf.comDec 24, 2018

Price reaction & history

Lean Hogs▼bearishSO FAR1d -1.1%5d -0.6%20d +3.5%

After 117 past bearish disease events, Lean Hogs moved a median -0.6% over 5 sessions (36% higher; middle half -2.2% to +1.6%), and +1.2% over 20.

Mar 31, 2020US hog futures tumble in week 14 - je.st - US hog futures tumble in week 14-17.7%
Apr 30, 2024US live cattle, feeder cattle futures end lower - CME | The Cattle Site-0.6%
Dec 2, 2024Feeder cattle futures set July high - CME | The Cattle Site-0.0%
Apr 2, 2020U.S. livestock: Hog futures drop to 3-1/2 year low - Grainews-12.8%
May 25, 2020CME update: lean hog futures slip as backups persist at slaughter facilities | The Pig Site-6.8%

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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