
For the week of November 2 to 8, hog prices in China fell toward their year low, with some small farms losing over 500 yuan per head. Beef and mutton wholesale prices kept rising, while poultry prices were broadly steady and layer flock expectations were pressuring egg prices.
Feed additive manufacturers' quotes and channel spot transactions have diverged, with supply contraction not yet accepted by demand.
Weak hog margins may cut herd sizes and lower future meal demand, while firmer beef and mutton prices support ruminant feed demand. The gap between additive quotes and spot prices suggests limited near-term upside for additive prices.
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.