# Genesus Global Market Report – China, August 2022
						 | The Pig Site

> Chinese pig prices resumed their upward trend after a liquidation that began in July 2021, with slaughter pigs up 4% month on month in late August. The National Development and Reform Commission said it would release state pork reserves from September, while heat, drought and power rationing in several provinces affected crops and feed supplies.

- Date: 2022-09-06 · published 2022-09-06T12:00:00.000Z
- Category: weather · region China · magnitude medium
- Page: https://feedsoft.ai/events/39576-genesus-global-market-report-china-august-2022-the-pig-site
- 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

Drought hitting feed grain production and rising hog prices increase feed ingredient demand and corn and soymeal import needs, though government reserve releases may cap pork price gains.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2022-08-30 | [Mundial - Genesus Global Market Report China August 2022 - Sistema de mercados internacionales de La Rioja](https://feedsoft.ai/events/40020-mundial-genesus-global-market-report-china-august-2022-sistema-de-mercados.md) | -3.2% | -7.1% |
| HOGS | 2018-09-26 | [Jim Long Pork Commentary: US Hog market rebound
						 \| The Pig Site](https://feedsoft.ai/events/63178-jim-long-pork-commentary-us-hog-market-rebound-the-pig-site.md) | +6.6% | -5.3% |
| HOGS | 2021-08-20 | [After the Bell \| Aug. 20, 2021 - Pro Farmer](https://feedsoft.ai/events/12606-after-the-bell-aug-20-2021-pro-farmer.md) | -0.2% | -5.7% |
| HOGS | 2026-07-29 | [Hog futures firm on heat-driven supply tightening - CME
						 \| The Pig Site](https://feedsoft.ai/events/18486-hog-futures-firm-on-heat-driven-supply-tightening-cme-the-pig-site.md) | -3.3% | -14.8% |
| HOGS | 2019-07-27 | [Lean meat: US pork prices rise as sweltering summer leads to skinny pigs \| US economy \| The Guardian](https://feedsoft.ai/events/58253-lean-meat-us-pork-prices-rise-as-sweltering-summer-leads-to-skinny-pigs-us.md) | -4.0% | -19.8% |
| CORN | 2022-08-30 | [Mundial - Genesus Global Market Report China August 2022 - Sistema de mercados internacionales de La Rioja](https://feedsoft.ai/events/40020-mundial-genesus-global-market-report-china-august-2022-sistema-de-mercados.md) | -3.3% | -4.2% |
| CORN | 2022-08-30 | [Arable Market Report - 30 August 2022 \| AHDB](https://feedsoft.ai/events/40115-arable-market-report-30-august-2022-ahdb.md) | -3.3% | -4.2% |
| CORN | 2019-05-29 | [Daily US grain report: grain futures markets on fire, but for how long?
						 \| The Pig Site](https://feedsoft.ai/events/10896-daily-us-grain-report-grain-futures-markets-on-fire-but-for-how-long-the-pig.md) | +0.4% | +6.4% |

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2022/09/genesus-global-market-report-china-august-2022

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