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China’s hog market faces continued pressure from ample near-term slaughter supply, while the traditional seasonal period for cured-meat stocking is approaching and may provide some support to spot prices. The report expects supply growth to offset a seasonal demand recovery, leaving hog prices rangebound to weak.
Seasonal buying could offer limited support, but ongoing surplus supply is likely to cap any price rebound.
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.