Livestock Live Hog Prices Up More than 2 Percent as Holiday Approaches With the lunar holiday around the corner, most slaughterhouses closed this week, which reduced supply. This resulted in a modest price recovery of national live hog price of RMB .31/kg ($.02/lb.) or 2.2 percent. In some regions, such as the northeast, the live hog price improved by as much as RMB 1/kg ($.07/lb.) or more than 5 percent in just a couple days last week. A slight drop in corn prices at the national level and the price uptick helped the average operating loss per live pig shrink by RMB 37/head ($5.83/head) or 19.8 percent. Meanwhile, the corn-hog ration on a cash basis inched up to 5.24.    Operating Losses Mount for Producers, Outlook Remains We...

TAGS – Feed Grains, Soy & Oilseeds, Wheat, Livestock, China