
China's wholesale pork prices rose for eight straight weeks to nearly 49 yuan per kilogram in late July, more than double a year earlier. Authorities expect prices to keep rising in coming months before tight supplies ease in the fourth quarter as hog production and imports expand.
Higher Chinese pork prices and seasonal demand point to continued strong hog herd rebuilding and feed demand, supporting feed ingredient prices into the fourth quarter.
Not 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.