# China's Hog Herd Size to Remain in Surplus This Year Despite Smaller Sow Target - Pork Business

> Chinese industry officials say the country's pig herd will stay in surplus this year even after Beijing cut its normal breeding sow retention target to 39 million from 41 million. Companies are selling farms and stakes but are reluctant to destock, and the pace of capacity reduction is expected to be slow.

- Date: 2024-03-28 · published 2024-03-28T12:00:00.000Z
- Category: policy · region China · magnitude low
- Page: https://feedsoft.ai/events/31185-china-s-hog-herd-size-to-remain-in-surplus-this-year-despite-smaller-sow-target
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A persistent herd surplus keeps Chinese hog prices depressed, which weighs on domestic demand for feed ingredients such as soymeal and corn.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2025-10-21 | [China’s pork output jumps 7% as herd glut grows
						 \| The Pig Site](https://feedsoft.ai/events/8803-china-s-pork-output-jumps-7-as-herd-glut-grows-the-pig-site.md) | -1.7% | -6.1% |
| HOGS | 2023-09-04 | [AFB says WTO needed to rule against China ag tariffs \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/14816-afb-says-wto-needed-to-rule-against-china-ag-tariffs-iowa-agribusiness-radio.md) | -0.9% | -3.2% |
| 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% |
| HOGS | 2025-04-30 | [China’s reliance on soybean imports continues despite cutback plans \| Sea and Job](https://feedsoft.ai/events/24652-china-s-reliance-on-soybean-imports-continues-despite-cutback-plans-sea-and-job.md) | +0.1% | +6.5% |
| SBM | 2021-09-23 | [China lowers 2021-2025 sow herd target, seeks to stabilise pork prices \| Reuters](https://feedsoft.ai/events/45062-china-lowers-2021-2025-sow-herd-target-seeks-to-stabilise-pork-prices-reuters.md) | -0.0% | -2.4% |
| SBM | 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) | -0.4% | -3.4% |
| SBM | 2025-01-23 | [China’s yuan slips on worries over Trump tariff plans, pre-holiday dollar demand - Markets - Business Recorder](https://feedsoft.ai/events/9598-china-s-yuan-slips-on-worries-over-trump-tariff-plans-pre-holiday-dollar-demand.md) | -1.5% | -5.6% |

## Sources

- porkbusiness.com: https://www.porkbusiness.com/news/industry/chinas-hog-herd-size-remain-surplus-year-despite-smaller-sow-target

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