China Q3 pork output highest in three years


China’s Q3 2021 pork production hit its highest level in three years, a report by Reuters said. Citing official data from China’s statistics bureau, it said the country’s Q3 production topped 12mt, up 43% year-on-year. Reuters noted that this is the highest Q3 performance since 2018 before the effects of ASF surfaced. “The surge in pork production was led by the largest producers who invested billions of yuan in new farms in 2020 in a bid to grab market share in the aftermath of [ASF],” the report said.