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China's third-quarter pork output reached 12.11 million tonnes, up less than 1% year on year, after farmers cut breeding herds following heavy losses earlier in the year. The total pig herd rose to 443.94 million head at end-September from 430.57 million at end-June.
Slowing pork output growth and a rebuilding herd point to continued firm Chinese hog prices and sustained demand for feed, though a larger herd signals future supply expansion.
thepigsite.comMelanie EppOct 24, 2022After 100 past bullish report events, Lean Hogs moved a median -0.2% over 5 sessions (49% higher; middle half -1.9% to +2.0%), and -0.4% over 20.
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.
