# China’s 20,000 New Pig Farms Won’t Cool Pork Prices Just Yet - Bloomberg

> Chinese hog farms are expanding rapidly, helped by government incentives and record pork prices. Analysts say it could take months for production to rise enough to cool the market and reduce imports.

- Date: 2020-09-10 · published 2020-09-10T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/51112-china-s-20-000-new-pig-farms-won-t-cool-pork-prices-just-yet-bloomberg
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

Near-term tight pork supply keeps import demand for protein and feed elevated, supporting hog and feed ingredient prices until new herd growth arrives.

## Read by commodity

- MBM: bullish ▲
- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2023-03-17 | [China’s Latest Battle With African Swine Fever to Push Up Pork Prices - Bloomberg](https://feedsoft.ai/events/36846-china-s-latest-battle-with-african-swine-fever-to-push-up-pork-prices-bloomberg.md) | -3.8% | -9.2% |
| HOGS | 2019-09-13 | [China pork prices soar as herds hit by fever, farm closures \| AP News](https://feedsoft.ai/events/57088-china-pork-prices-soar-as-herds-hit-by-fever-farm-closures-ap-news.md) | -2.4% | -0.3% |
| HOGS | 2019-03-28 | [African Swine Fever in China Helps Boost U.S. Hog Prices - Farm Policy News](https://feedsoft.ai/events/60239-african-swine-fever-in-china-helps-boost-u-s-hog-prices-farm-policy-news.md) | +2.1% | +12.7% |
| HOGS | 2023-03-15 | [UPDATE 1-China's Pig Farms Battle New Surge in African Swine Fever](https://feedsoft.ai/events/36847-update-1-china-s-pig-farms-battle-new-surge-in-african-swine-fever.md) | -6.0% | -11.7% |
| HOGS | 2019-08-20 | [China pig farmer profits soar after disease wipes out third of herd, boosts prices](https://feedsoft.ai/events/57565-china-pig-farmer-profits-soar-after-disease-wipes-out-third-of-herd-boosts.md) | -2.9% | -11.2% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2020-09-10/china-s-20-000-new-pig-farms-won-t-cool-pork-prices-just-yet

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