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Analysts say reliable data on China's hog herd and feed demand is scarce after private consultancy Cofeed stopped publishing updates in April. Reports conflict on whether the herd is recovering, while China booked a record amount of corn for this time of year.
Uncertainty over Chinese feed demand makes market pricing more volatile, though strong early corn bookings support near-term corn demand.
porkbusiness.comJun 24, 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.
