# China launches a pork-price index to smooth the “pig cycle”

> The Economist's data team reports that China has launched a pork-price index to help smooth the pig cycle. China consumes about half the world's pork, and its supply has produced sharp price shocks.

- Date: 2017-04-21 · published 2017-04-21T12:00:00.000Z
- Category: policy · region China · magnitude low
- Page: https://feedsoft.ai/events/71518-china-launches-a-pork-price-index-to-smooth-the-pig-cycle
- 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 reference price index and planned hog futures could reduce extreme pork price swings in China, which affects global pork trade flows over time.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2017-04-05 | [Chinese attempt to crack pig cycle with new pork price index](https://feedsoft.ai/events/71520-chinese-attempt-to-crack-pig-cycle-with-new-pork-price-index.md) | -2.1% | -0.4% |
| HOGS | 2024-03-04 | [China tries to stabilise pig population as pork prices plunge](https://feedsoft.ai/events/31188-china-tries-to-stabilise-pig-population-as-pork-prices-plunge.md) | -1.7% | +0.9% |
| HOGS | 2017-06-06 | [Jim Long Pork Commentary: China Update
						 \| The Pig Site](https://feedsoft.ai/events/70484-jim-long-pork-commentary-china-update-the-pig-site.md) | +2.2% | +13.7% |
| HOGS | 2021-06-30 | [Now With Too Many Pigs, China Moves to Prop Up Pork Prices - Caixin Global](https://feedsoft.ai/events/46557-now-with-too-many-pigs-china-moves-to-prop-up-pork-prices-caixin-global.md) | +0.4% | -0.5% |
| HOGS | 2022-11-16 | [China's pork prices to stay relatively stable: official - Chinadaily.com.cn](https://feedsoft.ai/events/38679-china-s-pork-prices-to-stay-relatively-stable-official-chinadaily-com-cn.md) | -1.5% | -5.0% |
| SBM | 2017-04-05 | [Chinese attempt to crack pig cycle with new pork price index](https://feedsoft.ai/events/71520-chinese-attempt-to-crack-pig-cycle-with-new-pork-price-index.md) | +0.4% | +2.1% |
| SBM | 2024-03-04 | [China tries to stabilise pig population as pork prices plunge](https://feedsoft.ai/events/31188-china-tries-to-stabilise-pig-population-as-pork-prices-plunge.md) | +0.5% | -2.9% |
| SBM | 2021-06-30 | [Now With Too Many Pigs, China Moves to Prop Up Pork Prices - Caixin Global](https://feedsoft.ai/events/46557-now-with-too-many-pigs-china-moves-to-prop-up-pork-prices-caixin-global.md) | +1.8% | +2.3% |

## Sources

- economist.com: https://www.economist.com/graphic-detail/2017/04/21/china-launches-a-pork-price-index-to-smooth-the-pig-cycle

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