# Pork Commentary: China Market Update
						 | The Pig Site

> Genesus commentary says China hog prices averaged 18.33 RMB per kg last week, about $1.21/lb liveweight, versus far lower US market hog values. Chinese pork consumption fell 1.4% in 2016 and total pigs marketed fell 5.1%, with farms slowing sow culling and expanding herds.

- Date: 2017-02-08 · published 2017-02-08T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/72468-pork-commentary-china-market-update-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Lower Chinese pork output and strong import demand support hog prices and pork export demand from EU and North America, which feeds into lean hog and feed demand for meal and grains.

## Read by commodity

- HOGS: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2017/02/pork-commentary-china-market-update-1

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