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BEIJING, Feb 8 (Reuters) - China’s most-active hog futures contract surged more than 4% on Monday and shares of the country’s biggest pig producer rallied after recent reports highlighted severe disease outbreaks in the world’s largest pig herd.
The reports fuelled investor concerns about pig supply and bets that prices will rise.
The hog futures contract closed 4.08% firmer at 26,900 yuan ($4,166.15) per tonne, its highest since trading on the Dalian Commodity Exchange launched last month.
Shares in the country’s top pig breeder Muyuan Foods surged 9.3% on Monday to 116 yuan.
Both futures and company stocks began to rally last week, amid intense discussion around the extent of disease in the country’s hog herd. ....

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