Hog sales volume decline and falling prices indicate weak demand or oversupply, bearish for hog futures.
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Falling hog prices in China may signal deflationary pressure, potentially weakening CNY relative to USD.
Chen Ke Ming Food Manufacturing Co LtdSubsidiary's June hog sales volume and revenue fell sharply year-on-year due to falling hog prices.
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Company's own June hog sales volume and revenue fell sharply year-on-year due to falling hog prices.