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China’s live hog prices continue to decline despite the traditional peak season for pork demand before the Mid-Autumn Festival and National Day holiday, with prices in some regions back to 2016-level.
Analysts say that the downward trend for the sector is unlikely to end anytime soon and local authorities are speeding up pork purchases for state reserves to stabilise the market.
Since the February this year, live hog prices in China have been falling due to recovering hog production capacity and a shift in Chinese people's dietary pattern in which pork . . .
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