China's top five pig farmers likely lost up to nearly 20 billion yuan in Q3 due to slumping pork prices

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China's top five hog breeders likely recorded a combined net loss of nearly 20 billion yuan in the third quarter of this year amid slumping pork prices and rising feed cost.

Muyuan Foods Co. Ltd is expected to record a net loss of 500 million - 1 billion yuan ($155.4 million) in the third quarter, the company said on Thursday, in contrast to a net profit of 10.2 billion yuan during the same . . .

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