The current price of live pigs in
CHINA has fallen to 15 yuan/kg ( US $2.34 ) due to a combination of more pigs, larger market pigs, huge imports of frozen pork, liquidation of cold stores and panic selling by farmers. This is the first time Chinese hog prices have been lower than the US market, according to Jim Huang,
HEAD of the futures market, and this could signal a reduction in imports in the...