China's breeding sow numbers increasingBusiness | 4 Dec 2019 12:08 pm
China’s hog population is starting to increase, after months of decline because of African swine fever, and the recovery should keep pork prices in check, a senior agriculture ministry official said, Bloomberg reports.
Pig herds probably began to pick up in November after 12 provinces, including Henan, Shandong and Jilin, reported an increase in inventories, said Yang Zhenhai, head of the ministry’s animal husbandry bureau.
The declines in some provinces in the south and southwest have also eased.
“Overall, breeding sow inventories are expanding and we see a bottoming in hog inventories.”
China’s wholesale pork prices have dropped for a fourth straight week from a record level, taking the decline from the start of November to almost 20 percent. Inflation hit a seven-year high in October on the back on rising pork prices.