# China's new pig farmers aim to ride out boom-bust cycle

> Chinese pork prices have fallen about 70% this year as surging output and COVID-linked demand disruptions hit the market. New pig producers that built large breeding farms are reporting heavy losses over the past three months. Weak restaurant and consumer demand is cited as an additional drag.

- Date: 2021-11-02 · published 2021-11-02T12:00:00.000Z
- Category: market · region China · magnitude medium
- Page: https://feedsoft.ai/events/44051-china-s-new-pig-farmers-aim-to-ride-out-boom-bust-cycle
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower hog prices and producer losses could lead to herd liquidation and reduced feed demand, weighing on corn and meal consumption in China.

## Read by commodity

- SBM: bearish ▼
- HOGS: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/world/china/chinas-new-pig-farmers-aim-ride-out-boom-bust-cycle-2021-11-02/

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