The Dalian Commodity Exchange has made changes to the delivery terms of its live hog futures contracts in a move that the exchange says will bring the contract more in line with hog weights seen in the market.
Generally, the allowable delivery weights shifted slightly higher, which matches changes seen in the industry.
From 2016 through 2019, average hog weights from large companies in Guangdong province averaged around 115kg. After African Swine Fever, these weights were higher, typically aroun...