China’s live hog prices continued to decline, with the national price for lean-type hogs reported at 8.60 yuan per kilogram. Analysts cited heavy near-term slaughter supply, rising slaughter weights, weak demand and abundant frozen-pork stocks, and said prices were likely to remain low in the short term.
Persistent hog supply and weak pork demand are weighing on prices. The same conditions keep near-term feed demand supported by current animals but offer little incentive for stronger future production.
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.