# Genesus Global Market Report – China, September 2023 – True North Genetics

> Genesus reports that China's top 20 listed pig companies lost 16.4 billion yuan in the first half of 2023, with total debt of 450 billion yuan. Losses averaged about $30 per head marketed. Slaughter pig prices rose to 17.21 yuan/kg by September 1 from 14.14 yuan/kg in early July.

- Date: 2023-09-06 · published 2023-09-06T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/34093-genesus-global-market-report-china-september-2023-true-north-genetics
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Heavy producer losses and high feed costs point to pressure on herd size and feed buying. Recovering hog prices may support feed demand over the coming months, but the sector's financial stress could also limit expansion.

## Read by commodity

- HOGS: neutral

## Sources

- genesus.com: https://genesus.com/genesus-global-market-report-china-september-2023/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.