
Wholesale pork prices in China have risen nearly 7% in July after hitting a 16-year low in June, as state-ordered sow capacity cuts and farm losses begin to trim supply. Demand remains weak, and analysts expect any recovery to be gradual.
Stronger Chinese hog prices may slowly reduce herd pressure, but with supply still ample, the effect on Chinese feed demand is limited in the near term. Feed buyers should view the recovery as modest support for grain and meal demand.
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.