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NBS: Q1 2021 hog stocks up 29.5% y/y

2021-04-16 www.cofeed.com

In the first quarter of 2021, China’s hog capacity saw a significant recovery. By the end of Q1 2021, hog stocks totaled 415.95 million heads, a growth of 29.5% from a year earlier, according to National Bureau of Statistics. Among them, breeding sow inventories amounted to 43.18 million heads, an increase of 27.7% from the prior year. Additionally, pork production in this quarter rose by 31.9% year-on-year.