Loading…
Chinese pork prices reached 38.27 yuan per kg on July 11, up 110.85% year on year, as African swine fever and hog shortages persisted. Large producers such as New Hope and Muyuan forecast sharply higher first-half profits.
Heavy rain in southern China was judged unlikely to affect large farms.
High Chinese hog margins encourage fast herd rebuilding, which will increase demand for feed ingredients in coming months.
globaltimes.cnGlobal TimesJul 12, 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.
