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China's large pig breeders are continuing to expand herds despite mounting losses and debts. Industry sources say producers are selling below even efficient producers' costs for the first time in nearly a decade.
Persistent losses and heavy debt pressure could force herd liquidation, adding pork supply and weighing on hog prices and demand for feed ingredients.
reuters.comDominique PattonDec 4, 2023Not 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.
