A new challenge for Chinese pig farmers is the energy crisis!

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Last month, Chinese pig farmers lost $75/chairman. And the situation is only getting worse. Pig prices are the lowest they have been in two years, and feed prices are skyrocketing.

So, due to the shortage and rise in price of electricity, more than half of the soybean processing plants in North and Northeast China stopped. The price of soybean shot has jumped by $34 in the last week alone to $588/ton. The shortage of this product is forcing feed producers to compete for batches among themselves, pushing the price even higher.
The situation is so critical that analysts are revising forecasts for China's economic growth.

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A new challenge for Chinese pig farmers is the energy crisis!

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