# China's soymeal prices increase to record highs further affecting pig farmers - European Pork | European Pork, the Smart Choice

> China's soymeal prices rose from February 7 and nearly reached 5,000 yuan per ton on March 18, with crushers curbing output from Tianjin to Guangdong. Soybean arrivals from South America fell short of expected volumes due to drought in Brazil and Argentina. The National Food and Strategic Reserves Administration announced a soybean reserve release on February 22, but without quantities or timing, and prices kept rising.

- Date: 2022-03-25 · published 2022-03-25T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/42290-china-s-soymeal-prices-increase-to-record-highs-further-affecting-pig-farmers
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Short South American shipments and crusher cutbacks are tightening China's protein meal supply, supporting global soymeal and soybean prices. Higher meal costs pressure Chinese pig margins and could reduce future feed demand.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2025-10-31 | [In recent weeks, prices for soybean meal across Europe have sharply increased.](https://feedsoft.ai/events/5766-in-recent-weeks-prices-for-soybean-meal-across-europe-have-sharply-increased.md) | -0.1% | -0.8% |
| SBM | 2021-05-13 | [China's record soybean demand forecast to support prices till 2022: sources](https://feedsoft.ai/events/47090-china-s-record-soybean-demand-forecast-to-support-prices-till-2022-sources.md) | -9.3% | -13.4% |
| SBM | 2024-07-03 | [China poised for record July soybean imports on low prices](https://feedsoft.ai/events/14735-china-poised-for-record-july-soybean-imports-on-low-prices.md) | +1.3% | -3.9% |
| SBM | 2016-11-02 | [USDA: China’s soybean imports, feed use expected to increase](https://feedsoft.ai/events/73840-usda-china-s-soybean-imports-feed-use-expected-to-increase.md) | +2.0% | +0.5% |
| SBM | 2022-03-25 | [China's hog farmers face long slog in return to profit \| Reuters](https://feedsoft.ai/events/42289-china-s-hog-farmers-face-long-slog-in-return-to-profit-reuters.md) | -3.8% | -5.5% |
| SOY | 2026-02-05 | [China Faces Higher Prices for Further U.S. Soybean Buys to Please Trump](https://feedsoft.ai/events/14600-china-faces-higher-prices-for-further-u-s-soybean-buys-to-please-trump.md) | +2.9% | +6.5% |
| SOY | 2025-10-31 | [In recent weeks, prices for soybean meal across Europe have sharply increased.](https://feedsoft.ai/events/5766-in-recent-weeks-prices-for-soybean-meal-across-europe-have-sharply-increased.md) | +0.0% | +4.3% |
| SOY | 2021-05-13 | [China's record soybean demand forecast to support prices till 2022: sources](https://feedsoft.ai/events/47090-china-s-record-soybean-demand-forecast-to-support-prices-till-2022-sources.md) | -7.4% | -7.0% |

## Sources

- eupork.com: https://eupork.com/chinas-soymeal-prices-increase-to-record-highs-further-affecting-pig-farmers/

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