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Wens Foodstuffs, China's largest pig producer, says it will follow the new lower-protein feed standards with minimal operational impact, since its formulas are already close to the rules. Restrictions tied to African swine fever are limiting herd rebuilding.
Lower protein adoption cuts soymeal demand gradually, though the limited impact at a major producer suggests the effect may be modest.
thepigsite.comGlobal Ag MediaNov 14, 2018After 223 past bearish policy events, Soybean Meal moved a median -0.3% over 5 sessions (45% higher; middle half -2.2% to +1.2%), and -0.6% over 20.
After 26 past neutral policy events, Lean Hogs moved a median -0.9% over 5 sessions (38% higher; middle half -2.6% to +1.7%), and +0.2% 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.
