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China's national breeding sow inventory will reportedly be cut by 1 million head, from 40.38 million to about 39.5 million, to ease pork oversupply. Regulators also reportedly plan to ban feeding slaughter-ready pigs to add weight before sale.
Fewer sows and reduced secondary fattening would trim hog output and cut feed demand over coming months, which is bearish for hog prices but supportive for feed grain and meal demand over time.
scmp.comHe HuifengJun 18, 2025After 36 past bullish policy events, HOGS moved a median +0.0% over 5 sessions (53% higher; middle half -2.8% to +1.2%), and +0.2% over 20.
After 310 past bearish policy events, CORN moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.6% over 20.
After 222 past bearish policy events, SBM moved a median -0.3% over 5 sessions (45% higher; middle half -2.1% to +1.2%), and -0.6% 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.
