# Chinese agricultural expanding pig herd

> New Hope Liuhe announced it is adding 1.6 million head to its pig herd through new projects in three provinces. The company, also China's largest animal feed producer by volume, said the toughest impact of African swine fever has passed, and rivals CP and Da Bei Nong are also expanding.

- Date: 2019-06-17 · published 2019-06-17T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/58591-chinese-agricultural-expanding-pig-herd
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Large-scale herd rebuilding by major feed producers points to future growth in Chinese feed demand, which is supportive for feed ingredients over time, though the expansion is still years from full effect.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲

## Sources

- foodnavigator.com: https://www.foodnavigator.com/Article/2019/06/17/Chinese-agricultural-expanding-pig-herd/

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