{"id":967,"date":"2022-09-28T14:22:32","date_gmt":"2022-09-28T07:22:32","guid":{"rendered":"https:\/\/picoagriviet.com\/?p=967"},"modified":"2022-09-28T14:22:32","modified_gmt":"2022-09-28T07:22:32","slug":"china-chinese-pig-prices-strengthen","status":"publish","type":"post","link":"https:\/\/picoagriviet.com\/en\/china-chinese-pig-prices-strengthen\/","title":{"rendered":"CHINA: CHINESE PIG PRICES STRENGTHEN"},"content":{"rendered":"

Pico Agriviet<\/strong><\/p>\n

\"\"<\/p>\n

After showing tentative rises through early April, Chinese pork prices picked up pace through the spring and into summer, informs AHDB. This growth has been reportedly spurred by tighter pig supplies, partly as producers held back pigs, and partly from stronger consumer demand. According to government reports, authorities are encouraging producers to maintain production and releasing stocks in an attempt to curb price inflation.<\/p>\n

The Chinese government recently announced that pork bought into storage would be released onto the market from September in time for heightened demand from autumn festivals. Demand continues to be affected by the uncertain COVID-19 situation, with restrictions still in place across parts of the country.<\/p>\n

Chinese\u00a0pig production\u00a0increased during the first half of 2022, with slaughtering up 8% versus the same period a year ago. Profitability had been challenged during this time, but the recent price rises have reportedly improved the situation for producers. Indeed, government data shows the breeding sow inventory has been increasing month-on-month since May.<\/p>\n

Meanwhile, China\u2019s pig meat\u00a0import volumes\u00a0during the second quarter were much lower than in previous years, although in line with the level recorded in quarter one. For the first half of the year, imports were\u00a0down 64%\u00a0compared to the same period in 2021 at 799,000 tonnes (-68% from EU). All main suppliers to China have sent less, Spain in particular. Imports are expected to improve somewhat in the second half of the year, as consumer demand improves, and higher domestic prices encourage imports. However,\u00a0import demand is expected to stay significantly lower than 2021.<\/p>\n

Source: https:\/\/euromeatnews.com\/Article-Chinese-pig-prices-strengthen\/5728<\/p>","protected":false},"excerpt":{"rendered":"

Pico Agriviet After showing tentative rises through early April, Chinese pork prices picked up pace through the spring and into summer, informs AHDB. This growth has been reportedly spurred by tighter pig supplies, partly as producers held back pigs, and partly from stronger consumer demand. According to government reports, authorities are encouraging producers to maintain…<\/p>","protected":false},"author":1,"featured_media":968,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[91],"tags":[87,86,116,55,77,76,61,78,79],"yoast_head":"\nPico Agriviet Company - News - World Agricultural News<\/title>\n<meta name=\"description\" content=\"Pico Agriviet - Chinese pig prices strengthen. 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