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Vietnamese live pig prices hit their 2023 low of USD 1.97/kg in early December, with farmers operating near break-even. Chinese pig prices are also under pressure from weak demand and rising domestic supply.
Weak regional hog prices and thin farm margins point to reduced production incentives and softer demand for feed in Asian markets.
tridge.comFerhat ErdemDec 27, 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.
