China's standard hog price bottomed at 8.52 yuan per kg and stabilised at 8.54 yuan per kg as of November 13, down 28.1% year on year. Analysts see a possible price rally in late November as demand firms, though supply pressure and heavy hog weights limit the upside.
A firmer hog market could support feed demand later in the month, but ample supply and frozen pork inventories cap the rebound, so the feed price impact is modest.
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.