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IFFO says China's pig herd is recovering from swine fever outbreaks, which could lift demand for fishmeal used in pig feed. Pig prices in China are currently subdued, which may limit growth.
Rising Chinese pig feed demand would add to fishmeal demand, supporting prices, though subdued hog margins may cap the gain.
undercurrentnews.comLouis HarkellOct 21, 2021Not 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.
