Farmers In China Breeding Pigs The Size Of Polar Bears
Friday, October 11th, 2019 | 166 Views
In a report from Bloomberg News, farmers in the southern region of China, Nanning, the capital of Guangxi Province are breeding pigs weighing over 1,100 pounds (500kg)—as heavy as polar bears. At slaughter, such pigs can be sold for more than 10,000 yuan (S$1900) which is more than three times higher than the monthly average disposable income in the province.
China is faced with a pork shortage after outbreak of the African Swine Flu which devastated pig population as farmers killed an estimated 250 to 300 million animals in an attempt to stop the spread of the disease. This has led to soaring prices which prompted local farmers to raise pigs to an average of 175kg to 200kg, above the average weight of 125kg to increase profits.
The government is urging farmers to boost supply of the animals. Chinese Vice Premier Hu Chunhua warned that the supply situation will be extremely severe through to the first half of 2020. With a pork shortage of 10 million tonnes this year—more than what is available in global trade, China would need to increase domestic production.
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