Pork production in China reaches highest level in three years

Published 2021년 10월 21일

Tridge summary

China's pork production reached its highest level in three years in the third quarter, producing 12.02 million tonnes, a 43% increase compared to the same period last year. This is the third best result for the quarter since 2018. The increase was led by large breeders who invested billions of yuan in new farms in 2020. However, pork prices have dropped by 65% this year, leading some producers to sell their herds and exit the market. The female herd decreased by 0.5% in July from June, and increased by 0.9% in August from the previous month.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Pork production in China reached its highest level in three years in the third quarter, as a result of investments being made by the country's farmers, especially since 2020, to rebuild the country's pig herd, decimated by the African swine fever. According to Reuters, which cites data from the Chinese government, production reached 12.02 million tonnes between July and September, an increase of 43% compared to the same period last year. It was the third best result for the quarter since 2018, before China began to feel the consequences of swine fever. From January to September, thus, the increase compared to the same period in 2020 was 38%, to 39.17 million tons, according to data from the statistics department of the Asian country highlighted by Reuters. Despite the advance, some analysts expected a bigger jump in the third quarter, to 13.46 million tons. The rise in pork production was led by large breeders, who invested billions of yuan in new farms during 2020 in an attempt ...

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