# China's pork prices to stay relatively stable: official - Chinadaily.com.cn

> China's National Development and Reform Commission said pork prices are expected to stay relatively stable with no near-term hikes, as hog supplies grow. Authorities have released seven batches of pork from central reserves, including a record monthly volume of about 200,000 tonnes in September, and say they will release more if needed.

- Date: 2022-11-16 · published 2022-11-16T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/38679-china-s-pork-prices-to-stay-relatively-stable-official-chinadaily-com-cn
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Expanding hog supply and government reserve releases reduce the likelihood of stronger hog-herd rebuilding demand for feed, which weighs on feed ingredient demand and hog prices.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-12-30 | [Measures are taken to boost pork supply - Chinadaily.com.cn](https://feedsoft.ai/events/55594-measures-are-taken-to-boost-pork-supply-chinadaily-com-cn.md) | -1.0% | -1.8% |
| HOGS | 2020-03-05 | [Recovery of pig herd showing positive signs - Chinadaily.com.cn](https://feedsoft.ai/events/54126-recovery-of-pig-herd-showing-positive-signs-chinadaily-com-cn.md) | +0.8% | -9.6% |
| HOGS | 2020-07-14 | [Tight Chinese pork supply to ease by fourth quarter: agriculture official – China Economic Review](https://feedsoft.ai/events/52130-tight-chinese-pork-supply-to-ease-by-fourth-quarter-agriculture-official-china.md) | +8.0% | +13.6% |
| HOGS | 2023-01-18 | [UPDATE 2-China official urges farmers to reduce sow herds](https://feedsoft.ai/events/37765-update-2-china-official-urges-farmers-to-reduce-sow-herds.md) | -1.9% | -1.9% |
| HOGS | 2022-07-20 | [China's hog supply guaranteed in H2: official-Xinhua](https://feedsoft.ai/events/40471-china-s-hog-supply-guaranteed-in-h2-official-xinhua.md) | +2.9% | -5.3% |

## Sources

- chinadaily.com.cn: http://www.chinadaily.com.cn/a/202211/16/WS6374a341a31049175432a18f.html

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