
Chinese listed hog producers Wen's Group, New Hope Group and Haid Group said pig prices have trended higher over the past two months and that sector restocking is underway. They noted that small household farmers remain cautious about rebuilding herds given thin margins and high feed input costs.
Slow sow herd rebuilding limits near-term pork supply growth, which sustains feed demand from China and keeps hog prices and feed ingredient demand firm.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.