World Perspectives
feed-grains livestock

Chinese Hog Update

Chinese Pork Update Chinese consumers are showing an aversion to meat because of the recent animal health scares there. Feeder pig prices in China are now in the red. Feeder pig prices last week averaged RMB 25.81/kilogram, which was down 1 percent from the previous week and down 20 percent from the same week last year. Pig sales now have a negative margin of RMB 13.81/head. Feeder pig margins last year were RMB 154.04/head, a decline of 108.97 percent. Farrow-to-finish margins now are down more than 250 percent. On 7 April, the National Development and Reform Commission (NDRC) announced it would begin purchasing pork for the national reserve to buoy hog prices. However, to date, purchases have been light and the impact has been small...

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biofuel energy

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