Loading…
Chinese farmers have fattened hogs since late last year to nearly double normal weight, hoping for higher prices. The resulting oversupply is contributing to a steep decline in Chinese pork prices.
Heavier hogs and rising supply in China weigh on global pork prices and reduce demand for imported pork and feed, which is bearish for hog markets.
bloomberg.comBloomberg NewsMay 25, 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.
