Loading…
China's national average pig sale price rose 24.84% month on month to 17.88 yuan/kg in November 2021, per NDRC data. Fertile sow numbers were expected to fall a further 1.0-1.5% in November, and the slaughter volume declined month on month.
Shrinking sow herd and lower slaughter point to tighter pork supply, supporting hog prices and reducing feed demand from hog producers over the coming months.
chinastockmarketnews.comChina Stock Market NewsDec 18, 2021Not 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.
