Rising prices of both grain and animal feed triggered by the Iran war have put extra pressure on tens of millions of Chinese pig farmers, while domestic hog prices have hit a 16-year low.
Analysts told The Epoch Times that the root cause of the Chinese hog farmers’ struggle was systemic overcapacity and lasting weak domestic demand caused by the Chinese regime’s economic policies.
Pork is the primary meat in China, accounting for up to 70 percent of total meat consumption.
Pork prices in China have long served as a key indicator for monitoring retail prices, livelihoods, and consumption patterns in the country, reflecting demand, inflation, and structural stability in the agricultural sector….
Feed Cost Surge From Iran War, Plunging Hog Prices Deepen Challenges for China’s Pig Farmers
