China to Encourage Hog Farmers to Reduce Capacity After Price Slump

After 34 past bearish policy events, Lean Hogs moved a median -0.3% over 5 sessions (41% higher; middle half -1.6% to +1.3%), and -1.8% over 20.

• Apr 18, 2026China agriculture minister urges pig breeders to reduce capacity as prices fall | Reuters+1.4%
• Jun 24, 2026China Urges Pig Breeders to Cut Capacity After Prices Fall to 10-Year Low-0.1%
• Jan 18, 2023UPDATE 2-China official urges farmers to reduce sow herds-1.9%
• Nov 24, 2023China to Encourage "More Reasonable Level" of Pig Production - Farm Policy News-1.3%
• Mar 28, 2024China's Hog Herd Size to Remain in Surplus This Year Despite Smaller Sow Target - Pork Business+1.5%

After 223 past bearish policy events, Soybean Meal moved a median -0.3% over 5 sessions (45% higher; middle half -2.2% to +1.2%), and -0.6% over 20.

• Jun 11, 2025China Nudges Pig Farmers to Restrain Supply After Prices Slump-3.5%
• Jun 24, 2026China Urges Pig Breeders to Cut Capacity After Prices Fall to 10-Year Low+0.3%
• Sep 10, 2026China's hog capacity reduction poised to accelerate in Sep | Mysteel+4.1%
• Jan 24, 2024China aims to further lower soybean meal use, reduce hog capacity | Feed Strategy+0.4%
• May 18, 2017Brazil Real Plunges Against Dollar After Report President Temer Encouraged Bribes | Fox Business-2.8%

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.

• Jun 11, 2025China Nudges Pig Farmers to Restrain Supply After Prices Slump-0.5%
• Jun 24, 2026China Urges Pig Breeders to Cut Capacity After Prices Fall to 10-Year Low-2.3%
• Sep 10, 2026China's hog capacity reduction poised to accelerate in Sep | Mysteel+4.3%
• Nov 24, 2023China to Encourage "More Reasonable Level" of Pig Production - Farm Policy News-1.8%
• Aug 4, 2021China intervenes to manage commodity prices | Reuters-1.0%