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Chinese wholesale pork prices have fallen since January, reaching $4.86 per kilo. Importers are still seeking volume, and official data show pig numbers just below 250 million head with sow numbers down due to ASF.
Falling domestic pork prices weigh on hog margins and sentiment, though steady import demand provides some support for global pork trade.
euromeatnews.comApr 26, 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.
