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Genesus China, a genetics company, posted a market update on China's hog sector stating that China holds half the world's pigs and that consumer demand for pork quality is rising. It also reports that a European genetics company is pulling out of China.
The update is mostly commentary on breeding and quality trends with no concrete change in supply or demand, so it has little direct effect on feed or hog prices.
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.