# China's sow herd growing, outpacing expectations | Agri-Pulse Communications, Inc.

> China's sow herd reached 43.4 million in February, about 5% above targeted capacity, according to CCTV. Hog prices have hovered around 15 yuan per kilogram since late 2022 and producers are losing about 100 yuan per head. The Ministry of Agriculture and Rural Affairs met to discuss stabilization measures including lending support and monitoring.

- Date: 2023-03-29 · published 2023-03-29T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/36844-china-s-sow-herd-growing-outpacing-expectations-agri-pulse-communications-inc
- 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

Oversupply of hogs and weak pork demand keep Chinese hog margins negative, which can reduce near-term feed purchases until herd cuts take effect. Lower hog prices weigh on demand for corn and meal, while expected disease-driven herd reduction could later support prices.

## Read by commodity

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

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/19137-chinas-sow-herd-growing-outpacing-expectations

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