SEPTEMBER 30, 20208:33 PM UPDATED 4 DAYS AGO
By Dominique Patton
BEIJING, Oct 1 (Reuters) - China’s huge pig herd is rebounding rapidly after being decimated by disease but pork output will take much longer to restore given the low quality of the new herd, say experts and analysts.
China’s pork output fell to its lowest level in 16 years last year after African swine fever swept through farms nationwide from 2018 onwards.
With as many as 60% of its breeding sows gone by the second half of 2019, production of market pigs plunged and pork prices soared to new highs, where they have hovered for much of this year.
By Dominique Patton
BEIJING, Oct 1 (Reuters) - China’s huge pig herd is rebounding rapidly after being decimated by disease but pork output will take much longer to restore given the low quality of the new herd, say experts and analysts.
China’s pork output fell to its lowest level in 16 years last year after African swine fever swept through farms nationwide from 2018 onwards.
With as many as 60% of its breeding sows gone by the second half of 2019, production of market pigs plunged and pork prices soared to new highs, where they have hovered for much of this year.