China cuts back on pork as excess hog supply drives down prices

Wait 5 sec.

In response to a persistent oversupply of pigs that has contributed to a steep drop in pork prices, China’s agricultural authorities have announced concrete plans to cut back on the country’s breeding stock.Measures should be taken to reasonably cull the sow population, reduce secondary fattening – feeding hogs past standard slaughter weights to increase margins – and strictly control new capacity to address the issue, said Minister of Agriculture and Rural Affairs Han Jun at a meeting on...