Livestock China’s Live Hog Price Up More Than 15 Percent in Q4 With China’s national average live hog price finishing last week at its highest level since mid-September, the central government said it would release 20,000 MT of frozen pork. Since the end of the Q3, the national average price has climbed by more than 15 percent with the majority of those gains occurring in late November and here in December with holiday demand picking up. Winter weather has also impacted shipping. In the past week, the average price is up by 4.1 percent, which translated into a weekly gain of RMB 1.32/kg ($.20/kg) or RMB .60/lb. ($.09/lb.). Looking ahead, central government data suggest that prices may ease in the coming weeks. Acc...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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