Pork is by far China’s favorite meat; the country produces about half of the world’s output and fluctuations there influence hog and meat prices globally. China is expected to increase its pork imports in the coming months, as its pig…
Historically, over 95% of the swine inventor of China was scattered in small family holdings, with over 130 million rural households raising pigs in the early 2000s, according to the Agricultural Census. However, the industry has changed rapidly in recent…
China’s pork imports remained weak for the first five months of the year, following low local prices. From January to May, YoY variations per month were around 60% fall, taking into account both meat and offal. Meat products have been…
Hog and pork prices have suffered large fluctuations in the first 6 months of the year, reaching minimums below 12 RMB/kg (1.76 EUR) in March, before a rapid increase, more than doubling, by early July. Chinese authorities have applied different…
China’s pork output jumped 28.8% to 52.96 million tonnes in 2021, according to official data from data from the National Bureau of Statistics. This increase shows a recovery of most of the production lost during African swine fever outbreak period….
China’s third-quarter pork production surged to its highest in three years, pushing prices down during Q2 and Q3 and leading to a fall on imports after summer, especially in some cuts. Since March, China has significantly reduced its purchases of…
The Chinese market has been fluctuating following one of its usual deep cycles of very intense highs and lows. After the unexpected rise in supply of the first three quarters of the year, which pushed down the prices, the industry…
Pork prices in China have experienced a plunge in the first half of 2021 to levels lower that imported pork prices, which is having an impact in the global export pork market. Wholesale national pork prices closed July at 23.69…
Despite the production increase and the shrinking domestic prices, China remains in a pork deficit and will continue to import large volumes of pork during 2021. Numbers peaked in March with over 1,255 million USD of pork imported, an all-time high,…
China imported 4.39 million tonnes of pork meat and 1.34 million tonnes of offal in 2020, with a value of 12.04 billion USD and 2.82 billion USD respectively, customs data showed earlier this year. This record imports took place as the world’s biggest consumer of pork stocked up after a plunge in its…
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