Summary
Prices were mixed in July as farmers holding back sales led to a temporary rally in prices which mostly faded during the month.
Data for H1 indicate hog capacity has been reduced, with the sow herd down 6.5% year on year and weak growth in the production of piglet feed.
Policy
The hog industry was mentioned in the notes of the recent meeting of the Politburo of the CCP. Last year’s announcement mentioned agriculture only generally. In contrast, this year’s announcement mentioned s...