World meat industry news

The strong recovery in the pig population in China led to a sharp collapse in both domestic and import prices andthe formation of serious losses for Chinese manufacturers (up to $ 160 per head). In this regard, the USDA predicts that in 2022pork production will be reduced by -14% y-o-y. The US Department of Agriculture believes that the dynamics of the indicator will additionally affectdecrease in average head weight - a significant number of overweight pigs were slaughtered in the PRC in 2021.