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China's breeding sow numbers are recovering after falling from nearly 42 million in January 2023 to under 40 million in April 2024. Rising piglet and live pig prices have pushed hog prices above estimated breakeven, encouraging producers to restock.
Expanding Chinese hog herd will increase future feed demand for corn and soybean meal, a bullish factor for feed grains and protein meals in 2025.
tridge.comSep 18, 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.
