September 15, 2025
China calls in major pig farmers to rein in production and tackle oversupply
The Chinese government has summoned 25 leading pig farms for talks as it seeks to rein in production, ease oversupply, and stabilise prices.
A proposal to cut sow numbers emerged after pig prices dropped nearly 25% this year amid weak demand, as the government urged farmers to shrink herds in an effort to combat economic deflation.
According to an invitation letter from China's Ministry of Agriculture, among those who were summoned in Beijing on September 16 were Muyuan Foods Co. and Wens Foodstuff Group Co. to discuss production control plans and present their implementation plans.
The ministry's livestock office said participants must submit details of their sow breeding population reduction targets in advance by January, as well as their production plans for the following year.
The meeting, first reported by local media Cailian, will be attended by China's top economic planning agency, the National Development and Reform Commission (NDRC).
Following the news, stocks of pig producers rallied immediately, with Muyuan surging as much as 7.5% and Wens gaining as much as 6.6%.
China, the world's largest pork producer, has urged farmers to reduce their breeding sow herds this year to combat oversupply and deflationary pressures, with wholesale pork prices falling nearly 12% over the past 25 months as consumption weakens amid a slowing economy.
- Money and Banking Online
