# Chinese Pork Giant WH Group Sees Higher Hog Prices in 2nd Half of 2023

> WH Group expects Chinese hog prices to rise 10-20% in the second half of 2023 from the first half, to a median of about 16 yuan per kg. The company reported first-half profit down 45%, and Chinese pork output in the second quarter hit a decade-high for the period.

- Date: 2023-08-15 · published 2023-08-15T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/34547-chinese-pork-giant-wh-group-sees-higher-hog-prices-in-2nd-half-of-2023
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Expected higher hog prices signal improving producer economics, which may support feed demand in China, though the 2023 average remains well below 2022 levels and high output limits gains.

## Read by commodity

- HOGS: bullish ▲

## Sources

- agriculture.com: https://www.agriculture.com/chinese-pork-giant-wh-group-sees-higher-hog-prices-in-2nd-half-of-2023-7643507

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