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China's pork prices retreat as hog production recovers

China's pork prices have kept retreating over the past weeks as hog production gradually picks up and starts trending upward.

29 April 2020
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According to monitoring by the Ministry of Agriculture and Rural Affairs, China's hog production and sales have basically recovered in March, with pork prices retreating for eight consecutive weeks.

China currently has more than 370,000 pig farming businesses in operation. Since March, China added 18,000 pig farming enterprises, up 131% from the same period last year, Securities Journal reported, citing information from Tianyancha.com, an online query platform for enterprise information.

April 24, 2020/ MARA/ China.
http://english.agri.gov.cn/

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