# Falling pork demand slashes Chinese hog herd | The Western Producer

> China produced a record 57.94 million tonnes of pork in 2023, up 4.6%, while hog prices fell 14% during the year and 31% year on year in the fourth quarter. Gro Intelligence expects meat consumption growth to slow, weighing on meat import volumes and grain and oilseed demand.

- Date: 2024-01-25 · published 2024-01-25T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/32127-falling-pork-demand-slashes-chinese-hog-herd-the-western-producer
- 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

Slowing Chinese meat demand and oversupplied hog herds reduce feed grain and oilseed meal demand, pressuring prices.

## Read by commodity

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

## Sources

- producer.com: https://www.producer.com/news/falling-pork-demand-slashes-chinese-hog-herd/

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