Overseas media: China plans to reduce one million sows to cope with low pork prices and deflation risks.
China will cut the national breeding sow inventory from 40.38 million heads to 39.50 million heads, reducing it by one million heads, in order to alleviate the oversupply in the pork market, low pig prices, and economic deflationary pressure.
The regulators have also tightened breeding regulations, such as prohibiting fattening pigs that have reached the slaughter standard from continuing to gain weight, in order to curb short-term oversupply. These measures are not only aimed at the pork industry but also intend to stabilize overall prices. Pork prices account for a high proportion of China's consumer price index and are a key factor influencing inflation.
Original source: https://www.toutiao.com/article/1835283048277128/
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