Loading…
According to Ministry of Agriculture and Rural Affairs monitoring, national wholesale pork averaged 14.79 yuan/kg on November 13, down 0.4% from the previous day. Eggs averaged 9.53 yuan/kg, up 0.2%.
Small daily moves in China's wholesale pork and egg prices are routine and give little new signal for feed demand; pork softness slightly weighs on hog margins.
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.