# China's hog farmers struggle as pork prices swing and throw off debt-fueled expansion plans

> S&P Global Ratings reports that the largest Chinese pork producers nearly tripled gross debt over about 2.5 years while expanding during the 2019 price spike. Pork prices have since fallen sharply, with consumer prices for meat down 44.9% in August from a year earlier, leaving indebted producers under pressure.

- Date: 2021-09-13 · published 2021-09-13T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/45067-china-s-hog-farmers-struggle-as-pork-prices-swing-and-throw-off-debt-fueled
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Financial stress and falling pork prices in China are likely to prompt herd cuts and slower feed purchases, reducing demand for feed grains and meal over time.

## Read by commodity

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

## Sources

- cnbc.com: https://www.cnbc.com/2021/09/13/chinas-hog-farmers-struggle-as-pork-prices-swing-and-throw-off-debt-fueled-expansion-plans.html

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