China Vows to Rein in Hog Production and Stabilize Prices
China will reduce the number of breeding sows, control the slaughter weight of hogs and curb new production capacity as part of broader efforts to prevent sharp price drops, the agriculture ministry said on Wednesday.
The pledges were made by Agriculture Minister Han Jun in a meeting with major industry players, including Muyuan Foods , Wens Foodstuff and Henan Shuanghui .
"The hog industry is facing issues such as temporarily excessive production capacity and significant risks from production and price fluctuations," the ministry cited Han as saying...
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