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China's pork prices were stable in the fourth quarter, and hog profit margins were expected to stay at normal levels, according to an official. Efforts to cut herd size have helped moderate prices after farmers stepped up slaughter of hogs, beef and dairy cattle.
The growth rate of dairy cow breeding has slowed.
Reduced herd sizes and steadier meat prices lower the pressure to cut feed purchases sharply, which supports feed demand. The effect on grain and feed prices is modest.
reuters.comMei Mei Chu, Joe Cash25 Okt 2024Setelah 61 peristiwa laporan netral sebelumnya, Babi Hidup (Lean Hogs) bergerak median -0,4% selama 5 sesi (48% lebih tinggi; separuh tengah -1,3% sampai +1,8%), dan +2,1% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
