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China hog futures fall as spot prices, production outlook weigh


5/19/2021
iStock: zhaojiankang
SHANGHAI/BEIJING, May 19 (Reuters) - China’s live hog futures fell nearly 5% on Wednesday, hitting the lowest level since their January launch, as weak spot prices and expectations of improved production weighed on the market.
Live hog futures on the Dalian Commodity Exchange were last down 4.7% at 23,580 yuan ($3,663.94) per tonne.
Analysts said large volumes of heavy pigs being sent to slaughter caused the weakness in spot prices, which have fallen sharply since the start of the year. Spot prices were around $18 to $20 per kilogramme on Tuesday.
“The market expects that there will be more pigs going forward. Feed sales are pretty good, up from last year and also from the previous month. Most of the demand is from the pig sector,” said Sinolink Futures analyst Wang Xiaoyang. ....

United States , Wang Xiaoyang , Subhranshu Sahu , Tom Hogue , Emily Chow , Hallie Gu , Dalian Commodity Exchange , Sinolink Futures , Yuan Song , China America Commodity Data , For Restrictions , ஒன்றுபட்டது மாநிலங்களில் , டோம் ஹாக் , எமிலி சோவ் , ஹாலி கு , டேலியன் பண்டம் பரிமாற்றம் , யுவான் பாடல் , சீனா அமெரிக்கா பண்டம் தகவல்கள் , க்கு கட்டுப்பாடுகள் ,

Reshaping grain trade? China moves to change animal feed recipes


ChinaReshaping grain trade? China moves to change animal feed recipes
ReutersHallie GuDominique Patton
5 minutes read
Pigs are seen on a family farm in Xiaoxinzhuang village, Hebei province, China January 25, 2018. REUTERS/Dominique Patton
China issued guidelines on Wednesday recommending the reduction of corn and soymeal in pig and poultry feed, a measure that could reshape the flow of grains into the world s top corn and soybean buyer.
China s corn prices surged more than a third in the most recent year following a drop in output and state stockpiles. The country started importing a lot more corn to compensate for the domestic deficit. So feed makers have already been switching to cheaper alternatives, especially wheat. ....

Zhao Jin , Wang Xiaoyang , Darin Friedrichs , Li Hongchao , Thomson Reuters Trust Principles , Rural Affairs , Chicago Board Of Trade , Ministry Of Agriculture , Chicago Board , Northeast China , Zhaojin Futures , Sinolink Futures , Thomson Reuters Trust , ழோ ஜின் , டரின் பிரீட்ரிச் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , கிராமப்புற வாழ்க்கைத்தொழில்கள் , சிகாகோ பலகை ஆஃப் வர்த்தகம் , சிகாகோ பலகை , வடகிழக்கு சீனா , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,