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.