Page 25 - Lean Hogs News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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, and the live cattle market is now probing for a short-term low with an oversold technical condition...

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, China’s population was reported to have exceeded the 1.4 billion mark. The government was schedu...

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 90, therefore reducing the overall percentage of democratically elected officials. India’s economy ...

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 targets to management of the semi-autonomous region of Hong Kong. India is ready to offer incentives...

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’s central bank governor said The Reserve Bank of India (RBI) is concerned that cryptocurrencies ma...