
China’s hog futures rose 1.69% in the latest session, while spot hog prices in several provinces were mixed and average wholesale pork prices fell 2.4% from the previous Friday. The analysis says fourth-quarter hog supply is expected to increase, while seasonal demand from traditional cured-meat stocking may offer some support; it expects prices to remain range-bound to weak.
Continued heavy hog marketing is likely to limit any seasonal demand-driven recovery, keeping live-hog prices under pressure. Weak hog margins and supply growth can curb feed demand, particularly for corn and soybean meal.
Not 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.