China’s pig farmers, suffering record losses due to surging feed costs and weak hog demand, are switching to lower quality grain from pricier soymeal and even selling off assets in a bid for survival,

The pain across the world’s largest hog market, however, could last until next year, said analysts, shrinking incomes across China’s rural economy and likely reducing imports of soybeans and meat by the world’s top buyer for a second year.

Chinas pork farmers record major losses struggle for survival. (essfeed.com)