Loading…
A CoBank report says African swine fever in China has affected 10 provinces and that China's hog prices have risen 25% since July. The report estimates over 70% of Chinese hog production is under quarantine or movement restrictions, and it expects the trade dispute to limit China's import options.
Large-scale Chinese herd losses and import constraints are expected to lift global pork prices and support hog and protein values.
hpj.comHPJ StaffOct 26, 2018After 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.
