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Hog prices in China rallied about 16% since June on concerns about a temporary supply squeeze before Lunar New Year in February. Environmental pollution controls have reduced hog production capacity in the country.
Pollution-driven capacity cuts and expected seasonal pre-Lunar New Year demand tighten Chinese pork supply, supporting hog prices and sustaining feed demand into early 2018.
reuters.comHallie GuNov 5, 2017After 37 past bullish policy events, Lean Hogs moved a median +0.0% over 5 sessions (51% higher; middle half -2.8% to +0.9%), 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.
