China's pig prices are expected to drop after Lunar New Year 2022 if production is not reduced, according to Kong Liang, head of the Livestock and Veterinary Department at China's Ministry of Agriculture. The country's hog surplus situation is expected to persist due to increased supply and slaughter, leading to significant losses for small producers and companies. The number of commercial pigs is projected to rise significantly in Q4 2021 and Q1 2022. Liang has urged breeders to speed up the elimination of inefficient females and send pigs to be slaughtered. China's pork production hit its highest in three years in the recent third quarter.