China's Ministry of Agriculture and Rural Affairs held a coordination meeting on March 22, 2022 to discuss hog production, with seven departments participating. Officials said pork supply is abundant, pork prices are in a cyclical decline, and feed raw material prices have surged, leaving hog producers operating at a loss.
The ministry called for provincial and city-level responsibility measures to stabilize output and secure supply.
Government efforts to stabilize hog numbers aim to keep pork supply steady, but with producers losing money and falling pork prices, herd cuts could eventually reduce feed demand. Hog price weakness and high feed costs squeeze margins for feed buyers.
Na 34 eerdere neerwaarts beleid-gebeurtenissen bewoog Magere varkens zich mediaan -0,3% over 5 sessies (41% hoger; middelste helft -1,6% tot +1,3%), en -1,8% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.