empty
 
 

19.09.202503:38:21UTC+00China Pushes Pork Producers to Cut Output Amid Supply Glut

China has called upon its leading hog producers to take the initiative in reducing production, as the nation deals with surplus supply and subdued demand within its extensive pork industry, according to a report by the state-operated Shanghai Securities News on Thursday. During a high-profile meeting held this week, officials urged key companies to decrease the number of breeding sows, cut down slaughter volumes, and keep hog weights around 120 kg. This meeting, directed by the National Development and Reform Commission and the agriculture ministry’s animal husbandry bureau, highlighted Beijing's intensified efforts to address overcapacity and stabilize prices. Additionally, authorities intend to tighten credit for production expansion and reduce subsidies that encourage pig output growth. Pork, constituting over two-thirds of China's meat consumption, is integral to daily meals, festivals, and traditions. Its price fluctuations are closely monitored as an indicator of food inflation and overall economic sentiment.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $3000 more!
    In September we raffle $3000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback