# Pork supplies likely to rise later this year - Chinadaily.com.cn

> China's wholesale pork prices rose for eight straight weeks to nearly 49 yuan per kilogram in late July, more than double a year earlier. Authorities expect prices to keep rising in coming months before tight supplies ease in the fourth quarter as hog production and imports expand.

- Date: 2020-08-06 · published 2020-08-06T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/51598-pork-supplies-likely-to-rise-later-this-year-chinadaily-com-cn
- 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

Higher Chinese pork prices and seasonal demand point to continued strong hog herd rebuilding and feed demand, supporting feed ingredient prices into the fourth quarter.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- HOGS: bullish ▲

## Sources

- chinadaily.com.cn: http://www.chinadaily.com.cn/a/202008/07/WS5f2c94dca31083481725ec1b.html

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