According to a report from agribusiness bank Rabobank, China’s pork industry has begun a new cycle around mid-2022. It is expected to see less volatility in price and more government monitoring. The main drivers influencing this cycle include policies, new…
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….
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…
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…
The first half of the year has been heavily disrupted by COVID-19, and the pork industry is not an exception. From January to June, China has seen pork imports skyrocketing, with a value 277% higher than the same period of…
The China Merchandise Reserve Management Centre announced the release 10,000 tonnes of pork from the national reserves to auction them on August 21st. Chinese Ministry of Commerce, in coordination with the National Development and Reform Commission and the Ministry of…
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