UPDATE 2-New hog farms, heavy pigs drive China pork output to best Q2 in at least 7 years agriculture.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agriculture.com Daily Mail and Mail on Sunday newspapers.
China state planner urges pig farmers to maintain production agriculture.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agriculture.com Daily Mail and Mail on Sunday newspapers.
By Dominique Patton BEIJING, April 22 (Reuters) - China's top pig producers are set to report a plunge in first-quarter profits from the huge gains of last year, after hog prices fell, and disease, more expensive feed and poorly performing sows further eroded earnings. The earnings declines began in the fourth quarter of 2020 and margins are still under pressure, said analysts, as companies face ongoing challenges and costs in recovering from African swine fever, which ravaged the country's hog herd in 2018 and 2019 and saw a resurgence this winter.