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Reuters reports that China is modernizing its pig farms to cut costs in the world's largest pork market. More than half of the country's nearly 700 million pigs come from family farms that slaughter fewer than 500 a year.
Production costs remain among the world's highest because of heavy reliance on imported soybeans.
Shifting hog production toward larger, more productive farms could raise long-run demand for soymeal as feed efficiency improves. Continued dependence on imported soybeans keeps China's feed demand tied to global soybean and soymeal prices.
reuters.comDominique Patton2018年2月6日在过去 342 次看涨的贸易事件之后，豆粕 在 5 个交易日内中位数变动 +0.1%（51% 上涨；中间一半区间为 -1.1% 至 +2.6%），20 个交易日内为 +0.6%。
在过去 696 次看涨的贸易事件之后，大豆 在 5 个交易日内中位数变动 +0.3%（54% 上涨；中间一半区间为 -1.3% 至 +1.9%），20 个交易日内为 +0.7%。
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。
