China’s breeding sow population at the end of Q1 was 39.04 million, down 1.35 million, or 3.3% year on year. This is 100.1% of the target level of 39 million.
At this point, it’s unclear what the target is for the breeding sow population. Officially, the guidance is still 39 million. But that guidance was also in effect last June when the breeding sow population was within the defined range where no action would be taken, but the Ministry of Agriculture still wanted the population to be reduced ...