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The biggest pig breeders in China, consumer of fully half the world's pork, seem to have bitten off more than they can chew. Big agribusinesses have elbowed their way into the sector and...
The biggest pig breeders in China, consumer of fully half the world's pork, seem to have bitten off more than they can chew. Big agribusinesses have elbowed their way into the sector and are rapidly modernising it, but have expanded pig herds so aggressively that, with demand now in a downturn, their hog prices are falling, losses are mounting, and debt is rising. More huge losses are expected next year, putting China's pig enterprises under pressure to slim down their breeding herds and sell off farms, many of which are sitting empty.
The biggest pig breeders in China, consumer of fully half the world's pork, seem to have bitten off more than they can chew.
Analysis led by the FAIRR investor networks suggests urgent policy needed to drive down emissions from the global food and farming sector
China stocks closed slightly lower on Monday as trading resumed following a long holiday and as mixed holiday tourism data failed to convince investors of a strong economic recovery, while overseas...