China cuts sow population to control oversupply and low prices


The Ministry of Agriculture and Rural Affairs announced on March 1 a reduction to 39 million heads, down from the previous target of 41 million since 2021. Sow number fell below 41 million as of January 2024. According to Fitch Ratings, overcapacity will likely persist into Q2 2024, pressuring Chin...

Sign in  as a member, or Join our Community  for free to unlock the full article.