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China hog prices could hit a record high in Q4 due to African swine fever outbreak – agriculture ministry

China's agriculture ministry said the country's pig stock breed is declining at the fastest pace in a decade and hog prices are expected to hit a new record high in the fourth quarter of this year as the country struggles to contain the spread of the deadly African swine fever.

Pig stock breed and the breeding herd declined by 1.2 per cent and 2.3 per cent month-on-month in March, respectively, said the Ministry of Agriculture and Rural Affairs at a news briefing on Tuesday. It said the figures last month were 18.8 per . . .

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