Prices for live pigs in China began to rise

Domestic corn prices continued to be weak last week , falling 2.04% for the week, while soybean meal prices stopped falling and recovered, rising 0.28% for the week. Overall, domestic costs of raising and feeding pigs continued to decline, and pig prices continued to rise. The nation's hog-to-grain ratio quickly recovered to about 6.3:1, and the livestock industry as a whole turned losses into profits.

Analysts believe that due to the recovery in MEAT demand at the end of the year, prices on the domestic pig market will continue to remain stable and moderately high in the short term.