
Shandong’s weekly average pork price fell 1.58% week on week to 19.31 yuan per kilogram as ample supply continued to exceed demand, leaving hog producers in substantial losses. Egg prices rose 4.42% to 8.75 yuan per kilogram, while chicken prices edged down 0.17%; milk prices increased slightly to a year-to-date high.
The report says seasonal holiday demand may support meat and egg prices, though broader consumer demand remains subdued.
Persistent hog oversupply and weak demand pressure pork and hog prices, while seasonal buying could offer limited support later in the quarter. The egg-price recovery may improve layer margins, but substitution from other foods and soft consumption constrain further gains.
Not 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.