China: Livestock and Products Semi-Annual
Link to report:
China’s hog herd recovery in 2021 will be bolstered by larger sow inventories and high pork prices. However, animal disease outbreaks will moderate pork production. Domestic pork prices will encourage both swine operation expansion and strong imports. China’s cattle herd will continue increasing in 2021 as producers expand their herd in response to strong domestic beef prices. Although, beef production will be constrained by competitive beef imports and high feed prices. E-commerce, cold-chain logistics, and changing consumer preferences for chilled beef will be important drivers in expanding beef consumption beyond China’s 1st tier cities.
