China’s listed firms taking up swine herding
With pork prices rising and the harsh market climate running individual farmers out, many of China’s market listed companies are becoming interested in the pig breeding business, the China daily reports.
According to an incomplete survey, thirty or so companies are getting involved in pig breeding, some even with no prior experience in farming. Live pig stocks and sow herds have declined, while feeding costs have increased, leading to substantially increasing pig prices, are what prompted the companies to invest in pigs.
Observers following the development worry that the companies making their investments know too little about the pig business to focus on the key areas for development and to maintain management of the business. They warn that pig business has never been a sure thing.
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