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China's pork output fell 0.4% year on year to 15.83 million tonnes in January-March, the first quarterly decline since 2020, as farmers slaughtered fewer pigs. Hog slaughter fell 2.2% and cash hog prices rose to about 15.2 yuan per kg from 13.5 yuan in late February.
Lower slaughter and output tighten pork supply in the largest pork market, supporting hog prices and reducing near-term demand pressure on feed. Supply is still expected to exceed demand, so the price gain may be limited.
grainews.caReuters, GFM Network News2024年4月16日在过去 100 次看涨的报告事件之后，生猪(瘦肉型) 在 5 个交易日内中位数变动 -0.2%（49% 上涨；中间一半区间为 -1.9% 至 +2.0%），20 个交易日内为 -0.4%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
