China’s hog herd may drop by 55% due to fatal swine fever, says Rabobank

• Rabobank said in a report it expects China’s pork production to fall by 10% to 15% in 2020, on top of a 25% drop in 2019.
• The country’s pig herd fell by half in the first eight months of 2019, and will likely shrink by 55% by year end, it said.
• China’s total consumption of animal feed such as soy will drop by 17% in 2019 due to the decline in hogs, according to Rabobank.

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