# Featured | Declining swine prices in China raise doubts about demand for soybean and corn

> Swine prices in China are declining after the African swine fever-driven spike, raising doubts about future soybean and corn demand. StoneX notes that pork production fell sharply in 2018-2020 before recovering, and that pork imports had surged. Analysts still expect high grain use in animal feed.

- Date: 2021-11-01 · published 2021-11-01T12:00:00.000Z
- Category: market · region China · magnitude medium
- Page: https://feedsoft.ai/events/44052-featured-declining-swine-prices-in-china-raise-doubts-about-demand-for-soybean
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

If hog prices and herd rebuilding weaken, China's feed grain and soymeal demand could fall short of expectations, pressuring soybean and corn prices.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Sources

- stonex.com: https://www.stonex.com/en/insights/featured-declining-swine-prices-in-china-raise-doubts-about-demand-for-soybean-and-corn/

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