# Lower prices signal pork sector recovery continues in China

> USDA economist Mildred Haley reports that Chinese hog prices have kept falling since mid-2016 despite closures of hundreds of thousands of small farms for environmental compliance. Chinese pork imports fell about 9% in 2017 and are expected to be roughly 3% lower in 2018 than 2017.

- Date: 2018-03-16 · published 2018-03-16T12:00:00.000Z
- Category: report · region China · magnitude low
- Page: https://feedsoft.ai/events/65975-lower-prices-signal-pork-sector-recovery-continues-in-china
- 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

Lower domestic Chinese pork prices and reduced import demand weaken the outlook for global pork trade and reduce feed demand tied to imported pork production.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2020-07-13 | [CoBank: Recovery continues for meat, poultry segments \| 2020-07-13  \| MEAT+POULTRY](https://feedsoft.ai/events/52268-cobank-recovery-continues-for-meat-poultry-segments-2020-07-13-meat-poultry.md) | +9.6% | +10.6% |
| HOGS | 2018-07-08 | [Record hog and pig inventory forcing prices lower - High Plains Journal](https://feedsoft.ai/events/64198-record-hog-and-pig-inventory-forcing-prices-lower-high-plains-journal.md) | -1.8% | -22.3% |
| HOGS | 2020-11-09 | [CoBank gives U.S. pork industry advice as China rebuilds](https://feedsoft.ai/events/50153-cobank-gives-u-s-pork-industry-advice-as-china-rebuilds.md) | -0.2% | -3.1% |
| HOGS | 2018-04-17 | [China pork output jumps 2.1 percent in Q1, pressuring prices](https://feedsoft.ai/events/65489-china-pork-output-jumps-2-1-percent-in-q1-pressuring-prices.md) | +4.2% | +6.1% |
| HOGS | 2019-12-19 | [China Hog Production Seeing Slight Recovery Amid Measures](https://feedsoft.ai/events/55587-china-hog-production-seeing-slight-recovery-amid-measures.md) | +0.4% | -1.7% |
| SBM | 2018-11-09 | [Argentina's grain sector is set to recover in the coming years - DatamarNews](https://feedsoft.ai/events/61890-argentina-s-grain-sector-is-set-to-recover-in-the-coming-years-datamarnews.md) | -0.2% | +0.6% |
| SBM | 2018-04-17 | [China pork output jumps 2.1 percent in Q1, pressuring prices](https://feedsoft.ai/events/65489-china-pork-output-jumps-2-1-percent-in-q1-pressuring-prices.md) | -1.6% | +3.2% |
| SBM | 2019-07-03 | [African swine fever reduces China’s pork production \| MU Extension](https://feedsoft.ai/events/58088-african-swine-fever-reduces-china-s-pork-production-mu-extension.md) | +1.8% | -1.7% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/livestock-and-poultry-market-news/lower-prices-signal-pork-sector-recovery-continues-in-china

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