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Risk managers advise Canadian pork producers to forward contract during price rallies, since production is at seasonal highs. They cite softer domestic demand from competition with chicken and beef, plus reduced pork exports to China and NAFTA uncertainty.
Heavy supply and possible demand softening limit the size of spring hog rallies, so producers' hedging activity will shape near-term price strength.
mysteinbach.caCorwyn Friesen, mySteinbachMay 18, 2018Not 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.
