This week saw China reopening trade to Canadian canola by lowering the anti-dumping duty from 75.8% to 5.9%.
The hog sector continues to be squeezed, with cash prices falling below 10.50 yuan per ton, the government potentially lowering the breeding sow herd target, and the government calling in hog producers for another round of meetings about reducing capacity.
At the same time, feed prices continue to rise. Major feed companies announced another round of price increases on Friday due to risin...