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…
Producers in China have experienced heavy losses in 2021 due to a combination of lower hog prices, higher feed costs, and productivity challenges from disease. Taking a look at the three largest producers in terms of sow numbers, published 2021…
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…
Official sources state that by the end of June, Chinese national herd is fully recovered to higher levels than end of 2017, both in terms of hogs and breeding sows. A government official declared that China’s pig herd numbered 439…
China reported an increase of 31.9% in Q1 pork output YoY, following an increase in the slaughter of pigs, as farmers tried to avoid the risk of disease during the first months of 2021 and sent pigs to slaughter early….
On January 8th, Dalian Commodity Exchange opened the market for trading hog futures after the initial announcement early in 2020 and years of planification. This is China’s first live delivery derivative, and it will provide a hedging tool for participants…
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…
According to data from the Ministry of Agriculture and Rural Affairs, by the end of October, the country’s live pig population reached 387 million heads, an increase of over 20% year-on-year, recovering to 88% of the herd size at the…
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