# Genesus Global Market Report – China, November 2024 – True North Genetics

> China's national breeding sow herd was 40.73 million at the end of October, up 0.3% month-on-month. Live pig prices fell to about RMB 17.4 per kg by mid-November after declining for two consecutive months, though producer profits remain positive.

- Date: 2024-11-29 · published 2024-11-29T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/27391-genesus-global-market-report-china-november-2024-true-north-genetics
- 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

Rising sow numbers and falling hog prices signal continued Chinese pork supply growth, which may weigh on hog-related feed demand and sentiment for feed grains and meal.

## Read by commodity

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

## Sources

- genesus.com: https://genesus.com/genesus-global-market-report-china-november-2024/

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