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Lean hog futures fell on Wednesday with near-month contracts leading declines. Group producers plan higher November slaughter, heavier carcass weights and retail farmers are selling at a loss, creating ample supply.
Pork supply is expected to keep expanding after the National Day holiday.
Expanding pork supply and weak spot prices reduce hog-farm feed purchases, pressuring soymeal and corn demand in China.
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.