China: Pig population expected to grow slightly as sow numbers recover

게시됨 2024년 9월 18일

Tridge 요약

China's pig industry is showing signs of recovery after a period of losses due to low average pig prices, with sow numbers starting to rise in the latter half of 2024. This recovery is driven by increased piglet and live pig prices, which have surpassed the breakeven point, encouraging producers to expand. Despite financial constraints, larger producers are expected to increase pig production, while smaller producers may be more limited due to financial losses. The average annual sow inventory in the latter half of 2024 and the first half of 2025 is projected to be higher than the previous year, leading to an increase in the value of hog production in 2025. China continues its efforts to stabilize hog production by monitoring sow inventory.
면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

Breeding sow numbers start to recover in the second half of the year Average pig prices remained low until 2023, resulting in losses. Producers began to reduce sow stocks, and according to the Ministry of Agriculture and Rural Affairs (MARA), the national sow stock decreased from nearly 42 million in January 2023 to just under 40 million in April 2024. Piglet prices have been rising since early 2024, while live pig prices started to rise in late May 2024 and have now surpassed the estimated breakeven point at CNY 15.2 per kilogram (kg) (USD 2.11/kg). With the expectation of higher prices, pig producers have started to expand pig production by restocking more sows. Industry sources say some producers began increasing sow numbers in April 2024, and official MARA data shows that sow numbers began to recover in May 2024, reaching 39.96 million. According to sources consulted by the USDA, many facilities are operating at only about 70% of their capacity and can adapt quickly to new ...
출처: 3tres3

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