# China’s billionaire farmer sees a tipping point in sky-high hog prices as herd recovers from African swine fever’s decimation | South China Morning Post

> Muyuan Foods, China's largest pig farmer, expects hog prices to fall over the next two to three years as output recovers from African swine fever. Chinese pork prices have retreated from a record 41 yuan/kg to about 28 yuan/kg as local output, imports and new entrants increase supply.

- Date: 2020-05-28 · published 2020-05-28T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/53098-china-s-billionaire-farmer-sees-a-tipping-point-in-sky-high-hog-prices-as-herd
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Expectations of falling hog prices and rising supply signal that feed demand growth in China will moderate from its recent pace, a mildly bearish outlook for feed grains and meal.

## Read by commodity

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

## Sources

- scmp.com: https://www.scmp.com/business/companies/article/3086485/chinas-billionaire-farmer-sees-tipping-point-sky-high-hog-prices

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