Live hog prices were generally stable over the past weekend, with national average hog prices at 12.73 yuan/kg and a hog-to-corn price ratio still very lower at 4.61. Cash prices in the soybean meal market also continue to rise, with crushers raising their prices from between 80-120 yuan/kg.
Demand has been weak after the Chinese New Year holiday, according to recent news from Sichuan province. One stall owner said he was selling 150-200 kg per day, but after the holiday the volume plummeted to ...