A combination of certain factors continued to push down China's wholesale hog prices in February. Other developments are having an impact on the structure of the pork industry there, which means the outlook for imported pork from Canada, the EU and the U.S. remains strong for the balance of 2017.
Livestock China’s Wholesale Domestic Hog Prices Continue to Retreat A combination of the ongoing surge in imports, declining demand and end of New Year celebrations continued to push down wholesale hog prices in February. Through the week ended 10 February 2017, China’s average wholesale domestic pig price had fallen 1.5 percent from RMB 18.61/kg ($2.70/kg) or $1.23/lb. the previous week to 18.33/kg to ($2.66/kg) or about $...
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...