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China's 2021 pork output rose 29%, recovering most of the production lost to African swine fever. Pork prices are reported 60% lower than a year earlier and fell further in January ahead of the Lunar New Year holiday.
Oversupply and weak COVID-hit demand for pork point to lower hog prices and reduced margins for producers, which can curb herd rebuilding and feed purchases over time.
reuters.comDominique PattonJan 17, 2022Not 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.
