# China posts highest Q3 pork output in three years as herd recovers | Financial Post

> China's third-quarter pork output rose 43% year on year to 12.02 million tonnes, the highest since Q3 2018, according to Reuters calculations on official data. Output for the first three quarters was up 38% to 39.17 million tonnes.

- Date: 2021-10-18 · published 2021-10-18T12:00:00.000Z
- Category: report · region China · magnitude medium
- Page: https://feedsoft.ai/events/44515-china-posts-highest-q3-pork-output-in-three-years-as-herd-recovers-financial
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Rebuilt hog supply with prices down about 65% this year points to ample pork and weaker demand for feed, which is bearish for soymeal and corn imports into China.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2021-11-10 | [China posts highest Q3 pork output in three years as herd recovers - Canadian Cattlemen](https://feedsoft.ai/events/44056-china-posts-highest-q3-pork-output-in-three-years-as-herd-recovers-canadian.md) | +0.6% | -6.8% |
| HOGS | 2023-01-19 | [China’s 2022 pork output rises to highest in eight years](https://feedsoft.ai/events/37766-china-s-2022-pork-output-rises-to-highest-in-eight-years.md) | -1.3% | +6.0% |
| HOGS | 2022-07-15 | [UPDATE 2-China Q2 pork output at highest in years after herd recovery - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info](https://feedsoft.ai/events/40473-update-2-china-q2-pork-output-at-highest-in-years-after-herd-recovery-swineweb.md) | +1.5% | +6.1% |
| HOGS | 2023-10-18 | [China third-quarter pork output hits highest in at least a decade](https://feedsoft.ai/events/33613-china-third-quarter-pork-output-hits-highest-in-at-least-a-decade.md) | -2.8% | +0.8% |
| HOGS | 2023-07-17 | [China's Q2 Pork Output Highest for the Period in at Least a Decade - Pork Business](https://feedsoft.ai/events/35027-china-s-q2-pork-output-highest-for-the-period-in-at-least-a-decade-pork-business.md) | +0.3% | +0.7% |
| SBM | 2021-11-10 | [China posts highest Q3 pork output in three years as herd recovers - Canadian Cattlemen](https://feedsoft.ai/events/44056-china-posts-highest-q3-pork-output-in-three-years-as-herd-recovers-canadian.md) | +6.8% | +4.9% |
| SBM | 2023-01-19 | [China’s 2022 pork output rises to highest in eight years](https://feedsoft.ai/events/37766-china-s-2022-pork-output-rises-to-highest-in-eight-years.md) | -2.5% | +1.9% |
| SBM | 2023-07-17 | [China's Q2 Pork Output Highest for the Period in at Least a Decade - Pork Business](https://feedsoft.ai/events/35027-china-s-q2-pork-output-highest-for-the-period-in-at-least-a-decade-pork-business.md) | +3.6% | +2.7% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/china-posts-highest-q3-pork-output-in-three-years-as-herd-recovers-2

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