Loading…
China's agriculture ministry introduced measures under a revised hog production capacity plan to cut output and support prices. The revised plan sets the breeding sow target at about 37.5 million head.
Enforced capacity cuts would reduce hog numbers and future feed demand in China, which is a bullish signal for hog prices but bearish for feed-ingredient volumes over time.
english.news.cnMay 19, 2026After 122 past policy events, Lean Hogs moved a median -0.2% over 5 sessions (46% higher; middle half -2.1% to +1.6%), and -0.3% over 20.
After 734 past policy events, Soybean Meal moved a median -0.2% over 5 sessions (46% higher; middle half -1.9% to +1.6%), and -0.4% over 20.
After 1,623 past policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.4% to +1.5%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
