# China’s pork production declines amid weak demand and herd reduction

> China's pork production fell 0.8% year-on-year in the third quarter of 2024, the third consecutive quarterly decline, per National Bureau of Statistics data. The herd fell 3.5% year-on-year to 426.94 million head, and cash hog prices dropped to a four-month low of US$2.41/kg.

- Date: 2024-11-18 · published 2024-11-18T12:00:00.000Z
- Category: report · region China · magnitude low
- Page: https://feedsoft.ai/events/27393-china-s-pork-production-declines-amid-weak-demand-and-herd-reduction
- 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

Weak demand and shrinking herd sizes point to softer Chinese hog-sector feed demand, a modest bearish factor for feed grains and soymeal.

## Read by commodity

- SBM: neutral
- CORN: neutral
- HOGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2017-01-12 | [How does China pork production stack up to U.S.?](https://feedsoft.ai/events/72993-how-does-china-pork-production-stack-up-to-u-s.md) | +2.6% | +13.1% |
| HOGS | 2018-04-13 | [China: swine production is shifting north and west - Swine news - pig333, pig to pork community](https://feedsoft.ai/events/65495-china-swine-production-is-shifting-north-and-west-swine-news-pig333-pig-to-pork.md) | +17.6% | +18.3% |
| HOGS | 2022-06-29 | [U.S. pork producers continued herd contraction - USDA - Pro Farmer](https://feedsoft.ai/events/41101-u-s-pork-producers-continued-herd-contraction-usda-pro-farmer.md) | +0.7% | +7.4% |
| HOGS | 2021-12-10 | [Rising concentration in China’s swine production capacity - European Pork \| European Pork, the Smart Choice](https://feedsoft.ai/events/43577-rising-concentration-in-china-s-swine-production-capacity-european-pork.md) | +6.3% | +7.3% |
| HOGS | 2023-03-07 | [China pork production expected to rise slightly in 2023 - GAIN report
						 \| The Pig Site](https://feedsoft.ai/events/36848-china-pork-production-expected-to-rise-slightly-in-2023-gain-report-the-pig-site.md) | +2.3% | -7.8% |
| CORN | 2017-01-12 | [How does China pork production stack up to U.S.?](https://feedsoft.ai/events/72993-how-does-china-pork-production-stack-up-to-u-s.md) | +0.1% | +1.9% |
| CORN | 2021-06-25 | [As Higher Milk Production Forecasts Settle In, Can Export Demand Help Save Prices? - Dairy Herd](https://feedsoft.ai/events/46748-as-higher-milk-production-forecasts-settle-in-can-export-demand-help-save.md) | +5.6% | -5.6% |
| CORN | 2022-05-06 | [Chinese government released new data on local swine production and herd 06.05.2022 - UkrAgroConsult](https://feedsoft.ai/events/41392-chinese-government-released-new-data-on-local-swine-production-and-herd-06-05.md) | +6.7% | -0.1% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/chinas-pork-production-declines-amid-weak-demand-and-herd-reduction/

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