# China Urges Pig Breeders to Cut Capacity After Prices Fall to 10-Year Low

> Chinese regulators met with major pig-producing provinces and firms to push further cuts to live pig production capacity after pig prices fell to a 10-year low in April. The average price of three external breeds rebounded to CNY9.60/kg but remains down 34% year on year.

- Date: 2026-06-24 · published 2026-06-24T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/18778-china-urges-pig-breeders-to-cut-capacity-after-prices-fall-to-10-year-low
- 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

Official capacity cuts signal lower future hog numbers and reduced feed demand over time, which is bearish for corn and meal demand in China, though the policy supports eventual hog price recovery.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2026-04-18 | [China agriculture minister urges pig breeders to reduce capacity as prices fall \| Reuters](https://feedsoft.ai/events/19720-china-agriculture-minister-urges-pig-breeders-to-reduce-capacity-as-prices-fall.md) | +1.4% | +3.3% |
| HOGS | 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) | +4.4% | +14.7% |
| HOGS | 2026-03-04 | [Beijing urges hog producers to focus on capacity control \| MarketScreener UK](https://feedsoft.ai/events/20149-beijing-urges-hog-producers-to-focus-on-capacity-control-marketscreener-uk.md) | +0.8% | -2.6% |
| HOGS | 2025-07-24 | [Chinese government pledges hog capacity control to stabilize prices - AgCanada](https://feedsoft.ai/events/23725-chinese-government-pledges-hog-capacity-control-to-stabilize-prices-agcanada.md) | -0.3% | -10.1% |
| HOGS | 2023-01-18 | [UPDATE 2-China official urges farmers to reduce sow herds](https://feedsoft.ai/events/37765-update-2-china-official-urges-farmers-to-reduce-sow-herds.md) | -1.9% | -1.9% |
| CORN | 2025-06-11 | [China Nudges Pig Farmers to Restrain Supply After Prices Slump](https://feedsoft.ai/events/24184-china-nudges-pig-farmers-to-restrain-supply-after-prices-slump.md) | -0.5% | -4.1% |
| 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 | 2021-08-04 | [China intervenes to manage commodity prices \| Reuters](https://feedsoft.ai/events/45860-china-intervenes-to-manage-commodity-prices-reuters.md) | -1.0% | -3.1% |

## Sources

- yicaiglobal.com: https://www.yicaiglobal.com/news/china-calls-for-further-cuts-in-pig-production-capacity-as-prices-hit-10-year-low

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