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Chinese hog breeders expanded live hog supplies ahead of the Lunar New Year to capture high prices, which remain elevated due to African swine fever. Aonong reported sharply higher hog sales in December and sales that more than doubled over 2020.
Expanding hog supply and high pork prices signal continued herd rebuilding, which supports Chinese feed demand over the coming months.
caixinglobal.comHuang Shulun, Timmy ShenJan 8, 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.
