# Pig fattening is drastically expanded in China - demand

> New Hope Liuhe, China's largest feed producer, plans to expand pig production in Sichuan, Shandong and Jiangsu over the next two years. China's pig prices fell to a two-year low of 27 yuan per kg in June, and the company's first-half profit dropped 20.9% after bird flu hurt feed sales.

- Date: 2017-08-29 · published 2017-08-29T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/69443-pig-fattening-is-drastically-expanded-in-china-demand
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Expansion into a market already heading for oversupply adds to pork supply and pressures hog prices. The buildout also raises future feed demand, which supports corn and meal use.

## Read by commodity

- CORN: bullish ▲
- HOGS: bearish ▼

## Sources

- zmp.de: https://www.zmp.de/en/futures/news/newsticker-pig-fattening-drastically-expanded-china-demand-growing-more-slowly-2017-08

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