Based on operational data presented to a wide audience by the Ministry of Agriculture and Rural Affairs of the People's Republic of China, over the year the number of pigs in the country decreased by more than thirty-eight and a half percent.
The main jump down (by as much as thirty-two percent) occurred after the epidemic of African swine fever “roamed” in July this year in the vast majority of Chinese provinces in the mainland.
Today, the cost of pork in China is growing rapidly - and this is due to a sharp reduction in pork stock. Based on data provided by the Chinese Ministry of Agriculture, in early September, the retail price for a kilogram piece of pork exceeded five dollars. And this is seventy-eight percent more expensive than a kilogram of Chinese pork in 2018.
In this regard, the Chinese authorities decided to provide maximum stimulation to farmers who are ready to actively develop pig farming. China plans to quickly restore former sales figures and price levels in a short time.
In addition, an order was issued to release the reserve pork in frozen form in order to stabilize the situation.