From August 2018 to the present, in just three years, the price of China's live pig market has experienced abnormal fluctuations, seeing an increase of as much as four times at one time. However, since the beginning of this year, the price of pigs has fallen back to the where it started three years ago.
Chairman of Chinese swine producer Zhengbang Group, Lin Yinsun, is known for setting ambitious goals for his company's swine production capacity. In September 2020 at a seminar, Lin put forward the goal of achieving 100 million head, which if realised, would represent more than 15% of the country's swine production cap ...
The United States Department of Agriculture (USDA) has predicted that pork production in China will decrease in 2022 due to low inventories and a smaller sow herd.