# Falling pork prices hurt Chinese pig farmers, US soybean exporters - Global Times

> Analysts say falling Chinese pork prices from a faster hog herd recovery may curb demand for pig meal made largely from US and other imported soybeans. Chinese hog prices have declined for more than 20 weeks and are down about 50% year on year.

- Date: 2021-06-17 · published 2021-06-17T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/46563-falling-pork-prices-hurt-chinese-pig-farmers-us-soybean-exporters-global-times
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Weaker Chinese hog margins and reduced pig feed demand point to lower import demand for soybeans and soymeal, a bearish factor for those markets.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- HOGS: bearish ▼

## Sources

- globaltimes.cn: https://www.globaltimes.cn/page/202106/1226455.shtml

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