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China's Hog Inventory Records 13.1% Growth in July

Source:MARA Date:2020-08-18

Chinas hog population registered a year-on-year growth of 13.1% in July, which marks the first year-on-year growth since April 2018, according to the monitoring conducted by MARA. 

  

The population of hogs nationwide increased for the sixth straight month, up by 4.8% over that in June. This signified another key turning point for hog production recovery, following the year-on-year increase in breeding sow inventory in June. In July, the number of breeding sows in stock surged by 20.3% year-on-year and 4.0% month-on-month. 

  

The increase in breeding sow population is the key to hog production recovery, driving the growth in hog inventory and then hogs for slaughter, the head of MARA Department of Animal Husbandry and Veterinary Bureau indicated. 

  

MARA estimated that tight market supply of pork will be fundamentally relieved in five to six months.   

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