China 1Q Pork Output Falls 29% Y/y on African Swine Fever
By Bloomberg News
(Bloomberg) –China produced 10.4m tons of pork in the first quarter, down 29.1% from a year earlier, after outbreaks of African swine fever reduced the country’s hog herd, according to data published by the National Bureau of Statistics on Friday.
- The number of hogs slaughtered in the first three months fell 30% y/y to 131.3m heads
- Hog inventory by end-March dropped 14.4% y/y to 321.2m
- Hog inventories rose 3.5% q/q in 1Q
- The number of breeding sows by end-March rose 9.8% q/q to 33.81m
- China 1Q total meat output -19.5% y/y to 18.1m tons
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