# Chinese Hog Breeders to Continue to Grapple with Excess Supply

> Fitch Ratings expects overcapacity in China's hog breeding industry to persist into the second quarter of 2024, with most breeders losing money. The number of breeding herds remains close to the government cap of 41 million, though some signs of faster capacity cuts have emerged.

- Date: 2024-02-27 · published 2024-02-27T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/31662-chinese-hog-breeders-to-continue-to-grapple-with-excess-supply
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Persistent oversupply keeps Chinese hog prices under pressure into mid-2024, reducing feed purchases, while possible capacity cuts in the second half could lift prices.

## Read by commodity

- HOGS: bearish ▼

## Sources

- fitchratings.com: https://www.fitchratings.com/research/corporate-finance/chinese-hog-breeders-to-continue-to-grapple-with-excess-supply-27-02-2024

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