# China pig price rise: autumn peak or structural? - Analysis Pigs | Boerenbusiness. Nl

> Chinese government figures show the total hog herd shrank by 2 million head from July to September 2021 to 437 million, while slaughter estimates vary widely. Chinese soybean imports fell to 5.1 million tonnes in October from 9.9 million in August after a spring stockpiling spree.

- Date: 2021-12-02 · published 2021-12-02T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/43579-china-pig-price-rise-autumn-peak-or-structural-analysis-pigs-boerenbusiness-nl
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Falling Chinese soybean imports and a smaller hog herd reduce feed demand, pressuring global soybean and meal prices, though rising pork prices support hog margins.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-05-15 | ['Cheaper compound feed is inevitable' - Inside Feed \| Boerenbusiness. Nl](https://feedsoft.ai/events/59196-cheaper-compound-feed-is-inevitable-inside-feed-boerenbusiness-nl.md) | +0.5% | +7.4% |
| SOY | 2025-03-03 | [China soybean meal prices rise amid mutual duty discussions](https://feedsoft.ai/events/25659-china-soybean-meal-prices-rise-amid-mutual-duty-discussions.md) | -0.1% | +1.1% |
| SOY | 2020-10-29 | [ANALYSIS: US election, pork price to dictate Phase One success - Fastmarkets](https://feedsoft.ai/events/50638-analysis-us-election-pork-price-to-dictate-phase-one-success-fastmarkets.md) | +2.1% | +12.0% |
| SOY | 2018-12-05 | [Soybean Prices Depend on China - Purdue Agricultural Economics](https://feedsoft.ai/events/61595-soybean-prices-depend-on-china-purdue-agricultural-economics.md) | +0.9% | -0.2% |
| SOY | 2024-01-17 | [China's Q1 Soybean Imports Slow to Four-Year Low as Pig Herds Shrink - Pork Business](https://feedsoft.ai/events/32120-china-s-q1-soybean-imports-slow-to-four-year-low-as-pig-herds-shrink-pork.md) | +1.0% | -3.3% |
| SBM | 2019-05-15 | ['Cheaper compound feed is inevitable' - Inside Feed \| Boerenbusiness. Nl](https://feedsoft.ai/events/59196-cheaper-compound-feed-is-inevitable-inside-feed-boerenbusiness-nl.md) | +0.4% | +8.7% |
| SBM | 2020-10-29 | [ANALYSIS: US election, pork price to dictate Phase One success - Fastmarkets](https://feedsoft.ai/events/50638-analysis-us-election-pork-price-to-dictate-phase-one-success-fastmarkets.md) | +2.4% | +5.4% |
| SBM | 2018-12-05 | [Soybean Prices Depend on China - Purdue Agricultural Economics](https://feedsoft.ai/events/61595-soybean-prices-depend-on-china-purdue-agricultural-economics.md) | -0.6% | +0.8% |

## Sources

- en.boerenbusiness.nl: https://en.boerenbusiness.nl/varkens/artikel/10895467/stijging-varkensprijs-china-najaarspiek-of-structureel

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