Piglet prices plunge to lowest in over 7 years as capacity controls bites
The national average price of piglets in China fell to its lowest levels since at least February 2019 as the government’s efforts to control capacity become stricter and farmers are cautious about restocking amid continually low hog prices.
Piglet prices last week were 22.29 yuan per KG, down 2.7% compared to the week before, and down 39.6% year on year. Live hog prices were at 10.06 yuan per KG, down 31.1% year on year.
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