# Jim Long Pork Commentary: Visit with Wens Group
						 | The Pig Site

> Jim Long of Genesus reports a visit with Wens Group, China's second-largest mega producer with about one million sows. Wens plans 150,000 more sows and a goal of 50 million market hogs a year by 2025. US lean hog prices were 83 cents per pound last week, versus 66 cents a year earlier.

- Date: 2017-08-22 · published 2017-08-22T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/69444-jim-long-pork-commentary-visit-with-wens-group-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Wens' planned growth signals rising Chinese hog supply over the medium term, which is bearish for global pork prices. US hog prices are firm year on year, so near-term demand for feed remains steady.

## Read by commodity

- HOGS: neutral

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2017/08/jim-long-pork-commentary-visit-with-wens-group-1

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