China's Ministry of Agriculture monitoring of 500 collection points showed piglet, live pig and pork prices falling month-on-month in the fourth week of October, with corn and soybean meal also lower. Egg and beef cattle prices rose over the same period.
Lower domestic corn and soybean meal prices in China reflect weak feed demand from a hog sector under price pressure, which is bearish for China's imports of feed grains and meal. This is routine price commentary with no new cause.
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.