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China's breeding sow population rose for a ninth straight month in March to 39.92 million head. Pig prices bottomed and reached 15.4 yuan per kg in the second week of April, and officials said output of pork, beef, poultry and eggs grew year on year in the first quarter.
A rising sow herd points to more pigs later in the year, which is bearish for hog prices and implies stronger future feed demand from Chinese producers. The price recovery so far is still modest.
english.moa.gov.cn英文网119 Apr 2024Setelah 159 peristiwa laporan bearish sebelumnya, Babi Hidup (Lean Hogs) bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -2,2% sampai +1,3%), dan +1,0% 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.
