# Pork price slump sharpens China’s low-soy feed push as Muyuan sinks to H1 loss

> Muyuan Foods swung to a RMB 6.08 billion net loss for the first half of 2026 as hog prices fell about 28% year on year. The company is pushing low-soy diets, amino acids and flexible formulations to cut feed costs. Its unit cost of hog production had fallen to about RMB 11.7 per kilogram by June.

- Date: 2026-08-21 · published 2026-08-21T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/17906-pork-price-slump-sharpens-china-s-low-soy-feed-push-as-muyuan-sinks-to-h1-loss
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Heavy losses at a major producer and a push to lower soymeal inclusion point to softer hog-sector feed demand in China. Lower soy-based feed use weighs on soymeal demand over time.

## Read by commodity

- SBM: bearish ▼
- HOGS: bearish ▼

## Sources

- foodingredientsfirst.com: https://www.foodingredientsfirst.com/news/pork-price-china-soy-feed-muyuan.html

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