# USDA Attache Update from Beijing Highlights Hog and Pork Variables | Farm Policy News | Illinois

> USDA's Beijing attache report projects China's hog production will fall 5% in 2022 because of low inventories and a smaller sow herd. Early-2021 price declines were driven by African swine fever outbreaks and forced herd liquidation. Government policy is expected to favor large-scale producers.

- Date: 2021-08-30 · published 2021-08-30T12:00:00.000Z
- Category: report · region China · magnitude medium
- Page: https://feedsoft.ai/events/45564-usda-attache-update-from-beijing-highlights-hog-and-pork-variables-farm-policy
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

A smaller Chinese hog herd in 2022 would reduce feed demand for corn and soymeal and support hog prices, a key signal for feed buyers.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2022-12-09 | [High hog prices squeeze pork processors: USDA ERS - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info](https://feedsoft.ai/events/38370-high-hog-prices-squeeze-pork-processors-usda-ers-swineweb-com-complete-swine.md) | -0.2% | -3.4% |
| HOGS | 2023-09-12 | [USDA’s Beijing attaché released first projections for China’s 2024 – Pig Farming](https://feedsoft.ai/events/34094-usda-s-beijing-attache-released-first-projections-for-china-s-2024-pig-farming.md) | +0.8% | -2.1% |
| HOGS | 2021-09-27 | [Cattle, hog futures react to Friday's USDA reports - Brownfield Ag News](https://feedsoft.ai/events/45189-cattle-hog-futures-react-to-friday-s-usda-reports-brownfield-ag-news.md) | +4.1% | -12.1% |
| HOGS | 2021-03-25 | [Hog futures higher ahead of bullish Hogs and Pigs report - Brownfield Ag News](https://feedsoft.ai/events/5153-hog-futures-higher-ahead-of-bullish-hogs-and-pigs-report-brownfield-ag-news.md) | +3.8% | +10.2% |
| HOGS | 2020-08-26 | [CME update: US hog futures rise as pork supplies contract
						 \| The Pig Site](https://feedsoft.ai/events/51760-cme-update-us-hog-futures-rise-as-pork-supplies-contract-the-pig-site.md) | -0.9% | +22.7% |

## Sources

- farmpolicynews.illinois.edu: https://farmpolicynews.illinois.edu/2021/08/usda-attache-update-from-beijing-highlights-hog-and-pork-variables/

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