# China's hog capacity reduction poised to accelerate in Sep | Mysteel

> China's hog capacity reduction is set to accelerate in September, according to Mysteel. The national sow herd fell to 37.80 million head at the end of Q2 2026, close to the Ministry of Agriculture's revised 37.50 million target for end-September. Sow inventories fell 2.9% month on month in August, the steepest drop of the year, as producers culled low-yield sows under policy pressure.

- Date: 2026-09-10 · published 2026-09-10T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/17465-china-s-hog-capacity-reduction-poised-to-accelerate-in-sep-mysteel
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Falling sow numbers point to lower pork supply later in the cycle, which supports hog prices. Reduced herd size also cuts future feed grain and meal demand from China.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2025-11-26 | [Pacific Securities: The driving force for capacity reduction in the pig farming industry is strengthening, and the pace of reduction may accelerate.](https://feedsoft.ai/events/21945-pacific-securities-the-driving-force-for-capacity-reduction-in-the-pig-farming.md) | +0.9% | +5.4% |
| HOGS | 2024-06-07 | [China's Pig Prices Rebound in 2024 Due to Market Recovery and Government Intervention](https://feedsoft.ai/events/29749-china-s-pig-prices-rebound-in-2024-due-to-market-recovery-and-government.md) | -0.3% | -2.2% |
| HOGS | 2021-08-04 | [China intervenes to manage commodity prices \| Reuters](https://feedsoft.ai/events/45860-china-intervenes-to-manage-commodity-prices-reuters.md) | +0.3% | -12.4% |
| HOGS | 2024-03-04 | [China tries to stabilise pig population as pork prices plunge](https://feedsoft.ai/events/31188-china-tries-to-stabilise-pig-population-as-pork-prices-plunge.md) | -1.7% | +0.9% |
| HOGS | 2025-06-18 | [Reaping of the sow: China to reduce pig count by 1 million amid low prices, deflation risk \| South China Morning Post](https://feedsoft.ai/events/24183-reaping-of-the-sow-china-to-reduce-pig-count-by-1-million-amid-low-prices.md) | +2.3% | -2.7% |
| CORN | 2024-01-23 | [China to Encourage Hog Farmers to Reduce Capacity After Price Slump - Pork Business](https://feedsoft.ai/events/32125-china-to-encourage-hog-farmers-to-reduce-capacity-after-price-slump-pork.md) | -1.0% | -4.9% |
| CORN | 2023-03-02 | [Electric vehicles poised to chip away at biofuel production \| Feed & Grain](https://feedsoft.ai/events/36843-electric-vehicles-poised-to-chip-away-at-biofuel-production-feed-and-grain.md) | +0.2% | +0.6% |
| CORN | 2021-05-04 | [China moves to cut corn, soy in feed rations - Manitoba Co-operator](https://feedsoft.ai/events/47096-china-moves-to-cut-corn-soy-in-feed-rations-manitoba-co-operator.md) | +1.5% | -5.8% |

## Sources

- mysteel.net: https://www.mysteel.net/analysis/5140350-chinas-hog-capacity-reduction-poised-to-accelerate-in-sep

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.