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Genesus reports Chinese pork prices at 14.36 yuan per kg in late August 2017, down from about 20 yuan a year earlier but near the five-year average. Government environmental rules have forced closures of small and noncompliant sow farms, with some county herds cut sharply.
Sow herd reductions tighten near-term Chinese pork supply and sustain import needs, supporting hog prices and long-run demand for feed grains and meal.
thepigsite.comGlobal Ag MediaSep 3, 2017After 36 past bullish policy events, HOGS moved a median +0.0% over 5 sessions (53% higher; middle half -2.8% to +1.2%), and +0.2% over 20.
After 317 past bullish policy events, CORN moved a median -0.1% over 5 sessions (49% higher; middle half -1.4% to +1.5%), 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.
