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China's sow herd increases 1.7% y/y in Feb

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China
Published Mar 28, 2023

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BEIJING : China's sow herd increased by 1.7 per cent in February compared with a year earlier, 5 per cent more than the targeted capacity, state media said on Monday.

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BEIJING : China's sow herd increased by 1.7 per cent in February compared with a year earlier, 5 per cent more than the targeted capacity, state media said on Monday. The herd reached 43.4 million sows, said China Central Television (CCTV), citing data from the Ministry of Agriculture and Rural Affairs (MARA), although it contracted by 0.6 per cent compared with the prior month. Hog prices in the world's largest pork consuming country have hovered around 15 yuan ($2.18) per kilogram since late last year, pressured by weak demand and excess supply. With the low hog prices, the average loss for a hog is about 100 yuan ($14.52) currently, according to CCTV. "(It's) not very likely to see a significant rise in pig price in coming months," Xin Guochang, deputy director of the Animal Husbandry and Veterinary ...
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