# China to replenish pork reserves to stabilize market - Chinadaily.com.cn

> China's top economic planner said it will buy and store frozen pork to replenish central reserves after a pork-to-grain price index fell to the second-highest warning level. The index read 5.21 to 1 for April 24 to 28, and this is the second frozen pork purchase batch this year.

- Date: 2023-05-05 · published 2023-05-05T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/35938-china-to-replenish-pork-reserves-to-stabilize-market-chinadaily-com-cn
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

State stockpiling removes supply from the market and is intended to lift hog prices back toward a reasonable level. Higher hog prices can improve producer margins and support demand for feed grains and meal over time.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-06-26 | [China steps up policy support to stabilize pork supply: ministry - Xinhua \| English.news.cn](https://feedsoft.ai/events/58589-china-steps-up-policy-support-to-stabilize-pork-supply-ministry-xinhua-english.md) | -2.8% | +7.7% |
| HOGS | 2021-09-23 | [China lowers 2021-2025 sow herd target, seeks to stabilise pork prices \| Reuters](https://feedsoft.ai/events/45062-china-lowers-2021-2025-sow-herd-target-seeks-to-stabilise-pork-prices-reuters.md) | +4.7% | -7.8% |
| HOGS | 2024-03-04 | [China tries to stabilise pig population as pork prices plunge](https://feedsoft.ai/events/31188-china-tries-to-stabilise-pig-population-as-pork-prices-plunge.md) | -1.7% | +0.9% |
| HOGS | 2017-09-03 | [Genesus Global Market Report: China
						 \| The Pig Site](https://feedsoft.ai/events/68944-genesus-global-market-report-china-the-pig-site.md) | -2.8% | -13.9% |
| HOGS | 2026-04-01 | [China orders sow culls to curb pork glut, stabilize inflation gauge - CHOSUNBIZ](https://feedsoft.ai/events/19722-china-orders-sow-culls-to-curb-pork-glut-stabilize-inflation-gauge-chosunbiz.md) | -0.1% | +2.8% |

## Sources

- global.chinadaily.com.cn: https://global.chinadaily.com.cn/a/202305/05/WS6454fe86a310b6054fad14f6.html

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