# China must recover pig production, stabilise pork supply - vice premier

> Chinese Vice Premier calls for recovery of pig production and stabilization of pork supply. Pork prices more than doubled year on year in October and accounted for over 60% of the CPI rise, and Beijing is pushing to approve new pork sources.

- Date: 2019-12-01 · published 2019-12-01T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/55590-china-must-recover-pig-production-stabilise-pork-supply-vice-premier
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Government push to import pork and rebuild herds signals policy support for supply, which over time could reduce pork prices and moderate hog feed demand growth.

## Read by commodity

- SBM: neutral
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2019-11-23 | [China Focus: Pig farmers keen on expanding stock as China drums up pork production - Xinhua \| English.news.cn](https://feedsoft.ai/events/56061-china-focus-pig-farmers-keen-on-expanding-stock-as-china-drums-up-pork.md) | -2.8% | +6.8% |
| 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 | 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 | 2020-03-05 | [Recovery of pig herd showing positive signs - Chinadaily.com.cn](https://feedsoft.ai/events/54126-recovery-of-pig-herd-showing-positive-signs-chinadaily-com-cn.md) | +0.8% | -9.6% |
| SBM | 2024-03-04 | [China tries to stabilise pig population as pork prices plunge](https://feedsoft.ai/events/31188-china-tries-to-stabilise-pig-population-as-pork-prices-plunge.md) | +0.5% | -2.9% |
| SBM | 2022-12-28 | [NDRC in coordination with Chinese farmers to stabilise supply - European Pork \| European Pork, the Smart Choice](https://feedsoft.ai/events/38236-ndrc-in-coordination-with-chinese-farmers-to-stabilise-supply-european-pork.md) | +6.1% | +2.7% |
| SBM | 2019-10-17 | [China's pork production to rebound before year-end - People's Daily Online](https://feedsoft.ai/events/56568-china-s-pork-production-to-rebound-before-year-end-people-s-daily-online.md) | +1.2% | -0.2% |

## Sources

- reuters.com: https://www.reuters.com/article/us-china-swinefever-pork/china-must-recover-pig-production-stabilize-pork-supply-vice-premier-idUSKBN1Y50PV/

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