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China’s biggest pig farmer hopes to triple pig sales

Christian Fernsby ▼ | May 29, 2020
China’s top hog producers Wens Foodstuffs Group Co Ltd has built nine new pig farms in the first quarter of 2020.
Wens Foodstuffs Group
Pig   Wens Foodstuffs Group
Reuters reports that Wens Foodstuffs has dozens of pig farms under construction and aims to treble output over the next four years.

Topics: China pig

Like other major producers, Wens is pouring billions of yuan into new pig farms, aiming to seize market share as the sector rebuilds after African swine fever wiped out about 60 percent of the country's hog herd last year.

Wen, who is also a delegate to China's parliament, which held its annual gathering in Beijing this week, said the company wants to raise 56 million hogs by 2024.

Wens was hit hard by African swine fever, a deadly pig disease for which there is no cure and no vaccine.

The recently completed farms will produce 1.2 million pigs a year, and another 79 projects with capacity to produce 7.75 million pigs and 260 million chickens a year are under construction, Wen said.