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Live pig prices in China fluctuated slightly in the week of August 3 to 7, averaging about 37.2 yuan per kilogram. Corn prices rose 1.01% during the week while soymeal fell 2.21%, and sluggish terminal pork demand was noted.
Rising domestic corn prices raise hog feed costs, while weak terminal demand limits hog price gains, creating a mixed outlook for feed demand.
sunsirs.comAug 11, 2020Not 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.
