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The article reports that China's national breeding sow inventory fell to 36.02 million head in Q3, down 10.7% year on year. Poultry chain profits improved in Q3, with white-feather broiler breeders profitable and yellow-feather chicken farming earning good margins.
Lower sow numbers point to tighter pork supply later, and better poultry margins support feed demand. The effect on feed prices is gradual and modest.
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.