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China's national breeding sow herd was 40.73 million at the end of October, up 0.3% month-on-month. Live pig prices fell to about RMB 17.4 per kg by mid-November after declining for two consecutive months, though producer profits remain positive.
Rising sow numbers and falling hog prices signal continued Chinese pork supply growth, which may weigh on hog-related feed demand and sentiment for feed grains and meal.
genesus.comNov 29, 2024Not 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.
