Pig companies’ October volumes and prices both fall; capacity reduction shifts from voluntary to forced

Twenty-one listed Chinese pig companies marketed about 143 million hogs in the first three quarters, up 5.52 million year over year, with the three largest accounting for nearly 67% of the total. In September, 14 of the 21 companies reduced marketings month over month, partly after August’s increase in shipments and a drop in hog prices.