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Average hog prices in China were 37.42 yuan/kg nationwide in early September, up 64.93% year on year. Piglet and wholesale prices also rose, with compound feed for fattening pigs at 3.24 yuan/kg, up 2.09% month on month.
Strong hog margins support herd rebuilding and steady compound feed demand, which underpins Chinese feed ingredient imports.
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.