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Clemens Food Group's new 650,000 square foot hog processing plant in Coldwater, Michigan, started up in September 2017 and processes 10,300 hogs per shift. The plant sources hogs from a 200-mile radius across three states.
A new large processing plant adds sustained demand for hogs in the Midwest, modestly supporting regional hog prices over time. The article is a feature on the plant rather than a market-moving event.
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.