# Rising pork prices boost fortunes of pig breeders - Chinadaily.com.cn

> 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.

- Date: 2019-12-20 · published 2019-12-20T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/55586-rising-pork-prices-boost-fortunes-of-pig-breeders-chinadaily-com-cn
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong breeder profits signal producers are motivated to rebuild herds, which will eventually lift hog feed demand, though recovery takes months.

## Read by commodity

- SBM: neutral
- HOGS: bullish ▲

## Sources

- chinadaily.com.cn: http://www.chinadaily.com.cn/a/201912/20/WS5dfc8233a310cf3e3557f9ca.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.