Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
Swine


August 30, 2018

 

China Live Hog Weekly: Cautious mood slows buying (week ended Aug 24, 2018)

 

An eFeedLink Exclusive

     

 

Price summary

 

Prices were mixed.
 

 

 
 

Market analysis

 

Hog releases remained limited, dragging pork carcass volumes down by 0.25% to 7,667 tonnes. As the demand for local pork remained firm, prices of pork carcass increased 1.44% to RMB19.04/kg.

 

Nonetheless, with hog disease rates on the rise, slaughterhouses in some regions limited purchases amid concerns that pork consumption might dwindle. On average, weekly hog price inched lower by 0.17%.

 

 

Market forecast                                                  

 

Concerns over rising infection rate, particularly that of African swine fever, will result in more cautious buying. However, with supply fundamentally insufficient and Mid-autumn Festival approaching, hog market is expected to move higher despite the prudent mood.

 


eFeedLink offers monthly China hog and poultry market trackers, including analyses and on-the-ground information from Guangxi, Guangdong, Hunan, Hubei, Sichuan, Jiangsu, Henan, Shandong, Hebei and the whole of China. These provinces cover at least 70% of the total hog, poultry and related feed production or consumption in China. For more information, visit: http://www.efeedlink.com/eFLResearch


All rights reserved. No part of the report may be reproduced without permission from eFeedLink.

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read