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China's Ministry of Agriculture and Rural Affairs held a coordination meeting on March 22, 2022 to discuss hog production, with seven departments participating. Officials said pork supply is abundant, pork prices are in a cyclical decline, and feed raw material prices have surged, leaving hog producers operating at a loss.
The ministry called for provincial and city-level responsibility measures to stabilize output and secure supply.
Government efforts to stabilize hog numbers aim to keep pork supply steady, but with producers losing money and falling pork prices, herd cuts could eventually reduce feed demand. Hog price weakness and high feed costs squeeze margins for feed buyers.
english.moa.gov.cn英文网123 Mar 2022Setelah 34 peristiwa kebijakan bearish sebelumnya, Babi Hidup (Lean Hogs) bergerak median -0,3% selama 5 sesi (41% lebih tinggi; separuh tengah -1,6% sampai +1,3%), dan -1,8% 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.
