Loading…
Chinese slaughter pig prices rose above 18.5 yuan/kg after two years of decline, with the national average reaching 19.3 yuan/kg on June 11. Sow culling tied to earlier disease outbreaks has reduced domestic supply, and piglet prices have quadrupled since January.
Tighter hog supply after sow culling supports higher pork prices and could raise Chinese feed demand as producers rebuild herds. The rally depends on whether actual output has fallen as much as capacity figures suggest.
ukragroconsult.comJun 19, 2024Not 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.
