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Chinese national data for the first week of July shows live pig and egg prices rising month on month, while piglet, broiler, and soybean meal prices fell. Corn and compound feed prices were unchanged.
Falling domestic soybean meal prices signal softer Chinese feed demand, while stable corn prices indicate limited near-term change in feed grain costs.
tridge.comVictor LangatJul 9, 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.
