Chinese pig farmers face deepening losses as weak pork demand coincides with
rising feed costs linked to the Iran conflict. Authorities have repeatedly urged
cuts to sow inventories and slaughter rates, while buying frozen pork for
reserves after prices hit a 15-year low and margins fell to four-year lows.
Sluggish consumption persists post-pandemic, yet oversupply remains. Surging
soybean meal and corn prices may accelerate production cuts or force some
farmers to exit, according to Mysteel.
