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….
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…
Falling live hog and pork prices, together with record high feed prices, have eroded profits for farmers and pork producers in the past months. Most estimates of loss per head in the industry are at 35-50 USD per head, with 10-12 million…
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 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…
Chinese average national wholesale pork prices (“three-way cross breed”) were trending down since August, when they peaked at 52.25 yuan per kilogram following a recovery on the supply and demand balance and efforts from the Chinese authorities releasing frozen reserves….
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