China Live Hog Weekly: Prices plunge to near three-year lows (week ended Mar 6, 2018)
Demand for pork was exceptionally weak, hence curtailing the sales of finishing hog. Prices plunged as a result even though supplies of hog were relatively low due to limited hog inventories. Small hog producers, who were incurring losses, were eager to release stocks amid concerns of expanding deficits.
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