# China hog futures fall to record low on fears over pork glut - FT中文网

> Dalian-traded hog futures in China fell to record lows, down more than 30% since their January launch. Farmers are mass-slaughtering pigs over fears prices will keep falling, leaving the local market flooded with pork. The situation contrasts with earlier African swine fever-driven price surges.

- Date: 2021-06-15 · published 2021-06-15T12:00:00.000Z
- Category: market · region China · magnitude medium
- Page: https://feedsoft.ai/events/6262-china-hog-futures-fall-to-record-low-on-fears-over-pork-glut-ft
- 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

A Chinese pork glut lowers domestic hog demand for imports and reduces import needs for feed ingredients, a bearish signal for global pork and feed trade. Falling hog prices in China reduce incentive to restock sows.

## Read by commodity

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

## Sources

- ftchinese.com: https://www.ftchinese.com/story/001092867/en

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