World Perspectives
feed-grains soy-oilseeds livestock

China In-Country Analysis

Livestock Weak Demand Continues to Hold Back Live Hog Prices According to latest surveys conducted by China’s National Bureau of Statistics (NBS), the average domestic live hog price grew to RMB 15.85/kg ($1.07/lb.) last week. That follows the private information reported from the week before by Boyar. Boyar’s data shows that just before last Friday’s nationwide Dragon Day holiday, the average price had retreated by RMB .04/kg ($.003/lb.) or .3 percent to RMB 15.81/kg ($1.09/lb.). Overall, based on NBS’s figures, the domestic live hog price has regained more than 32 percent of its value since the market bottomed in early March. According to the figures from Boyar, the national average price over the same period has...

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