# China's hog supply guaranteed in H2: official-Xinhua

> China's Ministry of Agriculture and Rural Affairs said hog supply in the second half of 2022 is guaranteed and prices will not rise sharply or continuously. Officials attributed the recent price rise to recovery demand and seasonal factors, and expect H2 supply similar to 2021.

- Date: 2022-07-20 · published 2022-07-20T12:00:00.000Z
- Category: policy · region China · magnitude low
- Page: https://feedsoft.ai/events/40471-china-s-hog-supply-guaranteed-in-h2-official-xinhua
- 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

Official assurance of ample hog supply caps the upside in hog prices and therefore farmer demand for feed. Rising corn and meal costs were noted as a pressure on breeding economics.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2022-11-16 | [China's pork prices to stay relatively stable: official - Chinadaily.com.cn](https://feedsoft.ai/events/38679-china-s-pork-prices-to-stay-relatively-stable-official-chinadaily-com-cn.md) | -1.5% | -5.0% |
| 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 | 2024-03-28 | [China's Hog Herd Size to Remain in Surplus This Year Despite Smaller Sow Target - Pork Business](https://feedsoft.ai/events/31185-china-s-hog-herd-size-to-remain-in-surplus-this-year-despite-smaller-sow-target.md) | +1.5% | +10.7% |
| 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% |
| CORN | 2020-10-23 | [There’s No Lasting Shortage Behind China’s Surging Corn Prices, Official Says  - Caixin Global](https://feedsoft.ai/events/5715-there-s-no-lasting-shortage-behind-china-s-surging-corn-prices-official-says.md) | +0.8% | +10.6% |
| CORN | 2018-01-10 | [CRU: Winter in China Tightens Feedstock Supply Idling Additional Urea Plants](https://feedsoft.ai/events/67289-cru-winter-in-china-tightens-feedstock-supply-idling-additional-urea-plants.md) | +1.1% | +3.1% |
| CORN | 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) | -5.8% | -4.2% |

## Sources

- english.news.cn: https://english.news.cn/20220720/6a57588da3a54a12bc2648a179a1c85d/c.html

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