Livestock Financial Reports Show Top Hog Producers Had Rough Q3 Last week, several major domestic hog producers, also known as “Pork Concept” companies, released their financial results for the recent Q3. Saying that several bled like a stuck pig might be an understatement. Muyuan Foods Company, the market leader, said preliminary figures suggest a loss of between RMB 500 million to 1 billion ($77.64 to $155.28 million) for the most recent three months, July through September. That compares to a record quarterly profit of RMB 10.2 billion ($1.52 billion) for Q3 2020. Zhengbang Technology Company, the second largest producer by volume, indicated an astonishing loss of between RMB 5.5 to 6.5 billion ($85.4 to $1.01 billion), wh...