# Pork supplies on pace to hit normal level

> China's Ministry of Agriculture and Rural Affairs said pork supplies will rise 30% year on year during the January-February peak season and prices will stay stable. Breeding sow stocks have risen for 12 straight months as hog farm numbers expand.

- Date: 2020-10-22 · published 2020-10-22T12:00:00.000Z
- Category: policy · region China · magnitude low
- Page: https://feedsoft.ai/events/50642-pork-supplies-on-pace-to-hit-normal-level
- 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

Expanding Chinese pork supply and stable prices point to slower growth in hog feed demand, which is mildly bearish for corn and soymeal over time.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-12-30 | [Measures are taken to boost pork supply - Chinadaily.com.cn](https://feedsoft.ai/events/55594-measures-are-taken-to-boost-pork-supply-chinadaily-com-cn.md) | -1.0% | -1.8% |
| HOGS | 2022-11-16 | [China's pork prices to stay relatively stable: official - Chinadaily.com.cn](https://feedsoft.ai/events/38679-china-s-pork-prices-to-stay-relatively-stable-official-chinadaily-com-cn.md) | -1.5% | -5.0% |
| HOGS | 2023-11-24 | [China to Encourage "More Reasonable Level" of Pig Production - Farm Policy News](https://feedsoft.ai/events/33167-china-to-encourage-more-reasonable-level-of-pig-production-farm-policy-news.md) | -1.3% | -1.7% |
| HOGS | 2020-07-14 | [Tight Chinese pork supply to ease by fourth quarter: agriculture official – China Economic Review](https://feedsoft.ai/events/52130-tight-chinese-pork-supply-to-ease-by-fourth-quarter-agriculture-official-china.md) | +8.0% | +13.6% |
| HOGS | 2019-12-01 | [China must recover pig production, stabilise pork supply - vice premier](https://feedsoft.ai/events/55590-china-must-recover-pig-production-stabilise-pork-supply-vice-premier.md) | -0.4% | +8.4% |
| CORN | 2022-10-28 | [Feds look for suppliers of non-GM corn as imports ban nears](https://feedsoft.ai/events/39110-feds-look-for-suppliers-of-non-gm-corn-as-imports-ban-nears.md) | -2.5% | -2.0% |
| CORN | 2021-06-10 | [Court throws out legal challenge to Mexico’s GMO corn ban as U.S. suppliers say they can supply non-GMO corn - The Organic & Non-GMO Report](https://feedsoft.ai/events/46588-court-throws-out-legal-challenge-to-mexico-s-gmo-corn-ban-as-u-s-suppliers-say.md) | -1.8% | -2.6% |
| CORN | 2023-11-24 | [China to Encourage "More Reasonable Level" of Pig Production - Farm Policy News](https://feedsoft.ai/events/33167-china-to-encourage-more-reasonable-level-of-pig-production-farm-policy-news.md) | -1.8% | -0.4% |

## Sources

- ecns.cn: http://www.ecns.cn/business/2020-10-22/detail-ihaazqys6711078.shtml

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