# China to Encourage "More Reasonable Level" of Pig Production - Farm Policy News

> China's sow herd at end-October was 42.1 million, still above what is needed, according to state media. The Ministry of Agriculture and Rural Affairs said it will support a more reasonable level of pig production through land, environmental and financial policies.

- Date: 2023-11-24 · published 2023-11-24T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/33167-china-to-encourage-more-reasonable-level-of-pig-production-farm-policy-news
- 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

Excess sow herd and planned production cuts point to weaker hog prices near term and eventually lower feed demand, a bearish signal for feed grains and soymeal.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-11-23 | [China Focus: Pig farmers keen on expanding stock as China drums up pork production - Xinhua \| English.news.cn](https://feedsoft.ai/events/56061-china-focus-pig-farmers-keen-on-expanding-stock-as-china-drums-up-pork.md) | -2.8% | +6.8% |
| 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 | 2019-11-12 | [State Council planning more measures to restore nation's hog production](https://feedsoft.ai/events/56059-state-council-planning-more-measures-to-restore-nation-s-hog-production.md) | -0.3% | -2.4% |
| HOGS | 2019-12-01 | [China must recover pig production, stabilise pork supply - vice premier](https://feedsoft.ai/events/55590-china-must-recover-pig-production-stabilise-pork-supply-vice-premier.md) | -0.4% | +8.4% |
| HOGS | 2022-11-16 | [China's pork prices to stay relatively stable: official - Chinadaily.com.cn](https://feedsoft.ai/events/38679-china-s-pork-prices-to-stay-relatively-stable-official-chinadaily-com-cn.md) | -1.5% | -5.0% |
| CORN | 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) | -1.0% | -4.9% |
| CORN | 2018-09-03 | [FSA Administrator Highlights Market Facilitation Program; Chinese Ag Imports Projected to Decrease - Farm Policy News](https://feedsoft.ai/events/62895-fsa-administrator-highlights-market-facilitation-program-chinese-ag-imports.md) | +0.9% | +1.1% |
| CORN | 2025-06-18 | [Reaping of the sow: China to reduce pig count by 1 million amid low prices, deflation risk \| South China Morning Post](https://feedsoft.ai/events/24183-reaping-of-the-sow-china-to-reduce-pig-count-by-1-million-amid-low-prices.md) | -3.0% | -4.3% |

## Sources

- farmpolicynews.illinois.edu: https://farmpolicynews.illinois.edu/2023/11/china-to-encourage-more-reasonable-level-of-pig-production/

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