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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.
過去の中立なレポートイベント61件の後、ホッグ(リーン) は5営業日で中央値 -0.4% 動き(48% が上昇。中央50%は -1.3% から +1.8%)、20営業日では +2.1% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。