Loading…
February lean hog futures hit a four-week low before a price rebound, with analysts seeing bears holding a slight technical edge. China's state planner called a meeting of hog experts to stabilize prices after excessive declines, and China's November pork imports rose 12.5% from October but were 11.1% below a year earlier.
China's pledge to support hog prices and steady import levels could aid demand for pork and feed, while the U.S. hog market remains range-bound in the near term.
thepigsite.comSarah MikesellDec 23, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
