# High feed prices hurt Chinese pig farm profitability | Feed Strategy

> Beijing Dabeinong Technology, one of China's largest pork producers and feed suppliers, reported a first-half pig farming loss, its first since 2013, and blamed high soymeal and feed costs. Its feed business saw net profit fall, and a large part of its newly expanded hog capacity sits idle.

- Date: 2018-08-24 · published 2018-08-24T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/63546-high-feed-prices-hurt-chinese-pig-farm-profitability-feed-strategy
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Higher soymeal costs squeeze Chinese hog margins and may cut herd rebuilding and feed demand, which weighs on Chinese soymeal demand while supporting soymeal prices through input costs.

## Read by commodity

- SBM: bullish ▲
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2020-08-26 | [China’s demand for feed grains on the rise \| Feed Strategy](https://feedsoft.ai/events/51597-china-s-demand-for-feed-grains-on-the-rise-feed-strategy.md) | +3.8% | +17.3% |
| SBM | 2022-03-25 | [China's soymeal prices increase to record highs further affecting pig farmers - European Pork \| European Pork, the Smart Choice](https://feedsoft.ai/events/42290-china-s-soymeal-prices-increase-to-record-highs-further-affecting-pig-farmers.md) | -3.8% | -5.5% |
| SBM | 2021-08-30 | [Zambia material export ban sends feed prices record high - VIDEO - Business Daily](https://feedsoft.ai/events/45683-zambia-material-export-ban-sends-feed-prices-record-high-video-business-daily.md) | -3.1% | -2.9% |
| SBM | 2019-09-25 | [Market developments could mean higher feed prices](https://feedsoft.ai/events/57194-market-developments-could-mean-higher-feed-prices.md) | +2.9% | +3.9% |
| SBM | 2019-04-01 | [Greek Feed Market Hungry for High Quality Protein - U.S. Soybean Export Council](https://feedsoft.ai/events/59708-greek-feed-market-hungry-for-high-quality-protein-u-s-soybean-export-council.md) | +0.5% | -3.0% |
| HOGS | 2021-05-31 | [Pork Prices Set To Plunge As Chinese Demand Evaporates](https://feedsoft.ai/events/47250-pork-prices-set-to-plunge-as-chinese-demand-evaporates.md) | +2.1% | -6.1% |
| HOGS | 2022-03-25 | [China's soymeal prices increase to record highs further affecting pig farmers - European Pork \| European Pork, the Smart Choice](https://feedsoft.ai/events/42290-china-s-soymeal-prices-increase-to-record-highs-further-affecting-pig-farmers.md) | +0.3% | +4.7% |
| HOGS | 2018-07-06 | [New Chinese Tariffs Mean Lower Prices For Wisconsin Farmers - WPR](https://feedsoft.ai/events/4970-new-chinese-tariffs-mean-lower-prices-for-wisconsin-farmers-wpr.md) | -2.7% | -22.4% |

## Sources

- feedstrategy.com: https://www.feedstrategy.com/animal-health-veterinary/african-swine-fever/article/15439992/high-feed-prices-hurt-chinese-pig-farm-profitability

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