Page 13 - Lean Hogs News Today

The live cattle market is still probing for a short-term low, while beef continues to advance.  Perhaps the selling pressures in the live cattle market will slow with the strong advance in beef prices and the sharp break in grain prices of the past few sessions.  High grain prices have been encouraging feedlots to sell cattle sooner, and weight data suggest that there is ample supply. The threat of a short-term bulge in beef production has helped trigger a sharp break off the April 8 peak,...

Spread the love ASIA: China is set to report its first population decline since records began in 1949 despite the relaxation of the government’s strict family planning policies, which was meant to reverse the falling birth rate of the world’s most populous country. The latest Chinese census, which was completed in December but has yet to be made public, is expected to report the total population of the country at less than 1.4 billion, according to people familiar with the research. In 2019...

Spread the love ASIA: China’s parliament on Thursday overwhelmingly endorsed a proposal on “improving the electoral system” of Hong Kong, further restricting the ability of people in the city to elect their leaders freely. Members of the National People’s Congress in Beijing voted 2,895 in favor of the proposal, with no votes against and one abstention. The decision includes a plan to alter the size and composition of the city’s legislature, increasing the number of seats from 70 to 9...

Spread the love ASIA: The Chinese government is set to kick off an annual parliamentary meeting this week for approving national priorities for 2021. The “Two Sessions” parliamentary meeting is slated to begin Thursday with the opening of the Chinese People’s Political Consultative Conference, an advisory body. The National People’s Congress legislature is scheduled to kick off its annual gathering on Friday. Authorities are expected to lay out details on topics ranging from employment ...

Spread the love ASIA: New home prices in China grew at a faster pace in January, driven by red-hot demand in the country’s mega cities despite the government’s cooling measures. Average new home prices in 70 major cities increased 0.3% in January from a month earlier, versus a 0.1% gain in December, according to Reuters calculations based on data released by the National Bureau of Statistics. On a year-on-year basis, new home prices rose 3.9%, quickening from a 3.8% rise in December. India�...

2/16/2021 6:31:00 AM GMT Asia China’s textile and clothing manufacturing suffered losses last year as US consumers and businesses moved away from Chinese labor. The apparel market in the US dropped -23% in 2020, marking a ten-year low. Asian competitors such as Bangladesh, India, Vietnam, and Cambodia saw a 42% rise in this sector last year as suppliers look to move beyond China. The US still has restrictions placed on cotton products produced in the Xinjiang Uygur region due to the clothing ...

Spread the love ASIA: China’s textile and clothing manufacturing suffered losses last year as US consumers and businesses moved away from Chinese labor. The apparel market in the US dropped -23% in 2020, marking a ten-year low. Asian competitors such as Bangladesh, India, Vietnam, and Cambodia saw a 42% rise in this sector last year as suppliers look to move beyond China. The US still has restrictions placed on cotton products produced in the Xinjiang Uygur region due to the clothing allegedl...

ASIA: Britain's broadcasting regulator said on Thursday that it had withdrawn the license for China Global Television Network, an international news channel

Britain’s broadcasting regulator said on Thursday that it had withdrawn the license for China Global Television Network, an international news channel

Spread the love ASIA: China’s growth is likely to moderate in the coming months as the country faces risks on two fronts, according to the chief Asia economist of Goldman Sachs. Goldman Sachs economist Andrew Tilton said the policy makers are quite comfortable with the recovery so far and are starting to pull back on policy stimulus to some degree. The world’s second-largest economy showed robust GDP growth in the fourth quarter of 2020, expanding at 6.5% compared to a year ago. It beat mar...