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Genesus reports on its genetics performance in China's national breeding evaluation and says slaughter pig prices rose to 23.17 yuan/kg by December 4 after a November softening. Feeder pig and cull sow prices also rebounded despite government pork releases.
Rising Chinese hog and piglet prices signal improving farm margins and restocking, which can support feed demand from China later in 2023.
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.