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Weekly China pork market data for Week 50 (December 23-29) showed live pig and carcass prices up 0.4% week on week, while piglet prices slipped 0.3% to CNY 29.9 per kg. Pigmeat imports for January to November were down 27% year on year.
Falling pork imports and stable domestic hog prices suggest limited near-term import demand for feed-related commodities, a modestly bearish signal for meal and grain demand from China.
thepigsite.comGlobal Ag MediaJan 3, 2018Not 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.
