Loading…
China's hog liveweight price was reported at 16.49 CNY/kg, well above US and Spanish prices. China's sow herd fell further in February to 36.3 million, and pork imports rose 153.8% year on year to 181,900 tonnes.
A shrinking Chinese sow herd and surging pork imports point to tight supply and strong import demand, which supports hog prices and feed demand for export markets.
thepigsite.comGlobal Ag MediaApr 19, 2017After 85 past bullish trade events, Lean Hogs moved a median +0.8% over 5 sessions (54% higher; middle half -1.8% to +4.5%), and +4.0% 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.
