Table of the Day
Hog-corn ratio rebounds on firmer hog prices
The hog-to-corn ratio in China last week rebounded for the first time in 16 weeks as hog prices climbed marginally, recent data from the National Reform and Development Commission showed.
The ratio bounced 1.32% higher week on week to 4.59 last week after having continuously retreated from 6.41 in mid-December 2021.
The key indicator for China’s hog market have been falling throughout most of 2021 as oversupply in the market pushed...