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What does the fall in pork prices in the futures market mean?
The strongest correlation with pork price is the soybean meal contract of Dalian Commodity Exchange. At present, the main contract of soybean meal is soybean meal 1009. The decline in pork prices will affect the number of pigs, thus reducing the demand for soybean meal and suppressing the price increase of soybean meal. Futures is essentially concerned with the relationship between supply and demand.

But at present, the price of pork is very low, which may be lower than the cost, so that the price of pork will rebound and the time for soybean meal futures to enter the market will come soon.