China’s hog herd size shrank in the first quarter of this year to the lowest level in almost a year due to the current wave of companies seeking to trimming their herd amid negative margins.
Total hog herd in the world’s largest hog producing country slid to 422.53 million heads by the end of March this year, down 6% compared with the previous quarter, according to the National Statistics Bureau (NBS).
But the herd size was still up 1.6% comparing to March 2021.
China’s hog market has been well ...