China’s hog prices fell week over week through November 6, while large-scale farms reported a 1.47% monthly decline in breeding-sow inventories in October. Broiler prices edged up, and reported spot prices rose for corn and wheat but fell for soybean meal; the report also noted slightly lower international fishmeal prices.
Ongoing losses and tighter cash flow could prompt further sow-herd reductions, potentially supporting hog prices later, while near-term weak hog prices weigh on producer economics. Lower soybean-meal prices ease feed costs, whereas slightly firmer corn prices raise them marginally.
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.
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.