Photo: Geralyn Wichers

China wants slimmer pigs

Chinese government cracking down on speculative “refattening” practice

Chinese farmers and small firms have increasingly bought market-ready pigs from larger breeders and fattened them in a bet on higher prices, but the government is cracking down on the speculative practice to slim down hogs and stabilize the market.







AgraCity’s recent announcement of financial problems follows complaints by farmers that they have not received herbicide they had ordered and paid for. Photo: File

AgraCity says it is unable to fill orders

AgraCity has told customers it will be unable to deliver outstanding product in a timely manner this spring due to cash flowproblems

AgraCity has told customers it will be unable to deliver outstanding product in a timely manner this spring due to cash flowproblems