China works on developing its livestock industry to rely less on foreign imports of pork.
According to a government document by the Office of the State Council on promoting the development of animal husbandry, China has set a goal of becoming 95% self-sufficient in terms of pork supply.
The document lays out various points for the livestock industry to continue developing- from improving breeding and genetics to epidemic surveillance to strengthening the application of big data.
October 1, 2020/ 333 Staff with information from the Chinese Government.
The outbreak in Guangdong is suspected to be due to illegal transportation.
China continues to see growth in pig and sow census, improving the country's supply and demand balance.
The total amount of pork imported during the first 9 months of this year has reached 3,280,000 t.
Pig production continues to recover. In September pork prices fell slightly. Corn and wheat prices are up, soybean prices are down.
As pig production continues to recover, the pork supply is gradually improving, which is expected to keep Q4 pork prices lower than last year.
Swine production and slaughter will hit record lows in 2020 as ASF continues to impact China’s hog industry. However, the supply decline will bottom out in 2020, and 2021 beginning hog and sow inventories will be up.
This is another important turning point for the recovery of live pig production capacity following the year-on-year growth in the breeding sow census in June.
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