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China's sow herd contracted 0.5% in July from June, the first monthly decline in nearly two years, according to state media. Farmers culled unproductive sows after hog prices plunged, though the herd was still up 25% year on year.
Officials expect the culling to tighten pig supply later.
Fewer sows point to lower future hog output and firmer hog prices in the second half of 2022, which would support demand for feed grains and meals.
porkbusiness.comReuters2021年8月17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。
