BEIJING : China's agriculture ministry on Thursday said its sow herd had dropped more than 8 per cent in May compared with a year ago, a larger decline than previously estimated.The total size of the breeding herd, at 41.92 million heads, did not change, according to data published on the ministry website, nor did the estimate of a 0.4 per cent increase in May compared with the prior month.
China's hog market has suffered low prices and large losses for months after farmers expanded too much in prior years. Hog prices plunged sharply in the first half of last year but have picked up in recent weeks.
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