# Fat herds, leaner profits: For China's pig farmers, New Year feasts bring cold comfort

> Reuters calculations estimate China's pigs will eat about 90 kg of feed each in the two months before the Lunar New Year, costing farmers about 38 billion yuan based on a 50:50 soymeal and corn ration. National soymeal feed inventories have fallen to their lowest in three years at 363,500 tonnes as winter demand depleted supplies.

- Date: 2016-12-29 · published 2016-12-29T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/73445-fat-herds-leaner-profits-for-china-s-pig-farmers-new-year-feasts-bring-cold
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Heavy seasonal feed demand from China's hog herd and shrinking soymeal stocks support near-term soymeal and corn demand, while thin margins for farmers could limit herd expansion and future feed buying.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- HOGS: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/us-china-pork-farmers-idUSKBN14H0DL/?feedName=environmentNews&feedType=RSS

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