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Chinese pig prices have risen across the board since the October 1 holiday, with slaughter pigs up 3.65 yuan/kg in two weeks. Analysts estimate sow liquidation during the earlier losses was larger than reported, and some expect prices could exceed 30 yuan/kg by year-end.
Reduced sow numbers and hoarding behavior point to tighter hog supply and supportive feed demand into the New Year and spring festival period.
thepigsite.comLaurence WilliamsOct 20, 2022Not 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.
