Livestock Hog and Live Chicken Prices Jump By 13 and 16 Percent  When the month of October concludes tomorrow, it will long be remembered in China as an historic month for pork and white feather poultry producers. Last week saw China’s national average hog price jump by RMB 4.62/kg (RMB .65/kg) or RMB 2.10/lb. ($.30/lb.) to a new record of RMB 40.02/kg ($5.66/kg) or RMB 18.15/lb. ($2.57/lb.). Not to be outdone, the national average price for live white feather broilers also reached a new historic mark at RMB 14.13/kg ($2.00/kg) or RMB 6.41/lb. ($.91/lb.), which equated to a one-week gain of RMB 1.98/kg ($.28/kg) or RMB .90/lb. ($.13/lb.). From a macroeconomic perspective, this rapid rise in food inflation, particularly in the...

TAGS – Feed Grains, Soy & Oilseeds, Livestock, China, North America, South America