# Genesus Global Market Report: China, November 2020
						 | The Pig Site

> China's live pig prices have fallen about 23% year on year to 29.82 yuan/kg, while pork prices are down 18.6%. Pig numbers are rising as producers rebuild herds after African swine fever, and MARA expects pork supply to rise about 30% by Spring Festival 2021. China also suspended meat imports from Germany and Poland after Europe's first ASF case in pigs.

- Date: 2020-11-16 · published 2020-11-16T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/50148-genesus-global-market-report-china-november-2020-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Rebuilding Chinese herds reduces demand for imported pork and future feed purchases, which is bearish for feed ingredients and hog prices.

## Read by commodity

- MBM: bearish ▼
- SBM: bearish ▼
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-01-11 | [The Year of the Pig Will Be a Pig of a Year for China's Hogs - Caixin Global](https://feedsoft.ai/events/61088-the-year-of-the-pig-will-be-a-pig-of-a-year-for-china-s-hogs-caixin-global.md) | -1.4% | -7.7% |
| HOGS | 2025-10-12 | [Hog prices slump as China's pork glut deepens - CME
						 \| The Pig Site](https://feedsoft.ai/events/5784-hog-prices-slump-as-china-s-pork-glut-deepens-cme-the-pig-site.md) | -9.5% | -13.5% |
| HOGS | 2019-11-25 | [African swine fever will influence 2020 global protein markets](https://feedsoft.ai/events/56002-african-swine-fever-will-influence-2020-global-protein-markets.md) | -2.8% | +6.8% |
| HOGS | 2020-02-17 | [Uncertainty over coronavirus puts selling pressure on US hog markets
						 \| The Pig Site](https://feedsoft.ai/events/54744-uncertainty-over-coronavirus-puts-selling-pressure-on-us-hog-markets-the-pig.md) | +11.5% | +3.3% |
| HOGS | 2021-03-10 | [Resurgence of African Swine Fever in China Threatens Global Grain Demand](https://feedsoft.ai/events/48100-resurgence-of-african-swine-fever-in-china-threatens-global-grain-demand.md) | +4.4% | +14.3% |
| SBM | 2019-08-30 | [Genesus Global Market Report: China - August 2019
						 \| The Pig Site](https://feedsoft.ai/events/57566-genesus-global-market-report-china-august-2019-the-pig-site.md) | -1.6% | -0.7% |
| SBM | 2019-01-11 | [The Year of the Pig Will Be a Pig of a Year for China's Hogs - Caixin Global](https://feedsoft.ai/events/61088-the-year-of-the-pig-will-be-a-pig-of-a-year-for-china-s-hogs-caixin-global.md) | -0.1% | -2.1% |
| SBM | 2019-04-14 | [Deadly Pig Disease to Reshape Global Soy Markets for Years - Bloomberg](https://feedsoft.ai/events/59632-deadly-pig-disease-to-reshape-global-soy-markets-for-years-bloomberg.md) | -1.8% | -7.8% |

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2020/11/genesus-global-market-report-china-november-2020

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