Because it is difficult for pig futures to control the spot price of unlisted pork, as a spot enterprise (spot merchant), it can only control the feed cost price. The main composition of feed is that the trend of soybean meal is closely related to the rise and fall of feed price, so it is more appropriate to observe the trend of soybean meal in futures to predict the future trend of pigs.
In the second half of the year, beans (soybean meal) rebounded due to natural disasters, and the rising cost of feed led to no room for pork prices to fall for the time being, which may increase steadily (please adopt).