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China's listed pig breeders reported sharply higher profits in the first three quarters as pork prices rose this year. Muyuan Foodstuff's net profit rose 296% and its shares gained over 180% since the start of the year.
Strong breeder profits signal producers are motivated to rebuild herds, which will eventually lift hog feed demand, though recovery takes months.
chinadaily.com.cnWang JunweiDec 20, 2019Not 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.
