# China's pork prices retreat as hog production recovers - Xinhua | English.news.cn

> Xinhua reports China's pork prices have retreated for eight consecutive weeks as hog production and sales recovered in March. The sow herd in 400 monitored counties grew 2.8% month on month in March, and 18,000 new pig farming enterprises were added since March. Officials say the market is shifting from tight supply toward balance, with seasonal consumption affecting near-term prices.

- Date: 2020-04-23 · published 2020-04-23T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/53632-china-s-pork-prices-retreat-as-hog-production-recovers-xinhua-english-news-cn
- 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

Rebuilding hog supply reduces China's feed demand growth, which is bearish for soymeal and corn imports and weighs on global feed grain prices.

## Read by commodity

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

## Sources

- xinhuanet.com: http://www.xinhuanet.com/english/2020-04/23/c_139001615.htm

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