Pacific Securities: The driving force for capacity reduction in the pig farming industry is strengthening, and the pace of reduction may accelerate.

과거 상승 정책 이벤트 37건 이후, 돈육 (Lean Hogs)은 5거래일 동안 중앙값 +0.0% 변동(상승 51%; 중간 50% 범위 -2.8%~+0.9%), 20거래일 동안 +0.2%.

• 2026. 9. 10.China's hog capacity reduction poised to accelerate in Sep | Mysteel-4.1%
• 2025. 6. 18.Reaping of the sow: China to reduce pig count by 1 million amid low prices, deflation risk | South China Morning Post+2.3%
• 2017. 11. 5.No joke: China's war on pollution roils world's top pig farming sector-2.8%
• 2024. 6. 7.China's Pig Prices Rebound in 2024 Due to Market Recovery and Government Intervention-0.3%
• 2022. 8. 31.Strict new controls on pork and pork products to protect Britain’s pig sector against African swine fever - GOV.UK-3.8%

과거 하락 정책 이벤트 223건 이후, 대두박은 5거래일 동안 중앙값 -0.3% 변동(상승 45%; 중간 50% 범위 -2.2%~+1.2%), 20거래일 동안 -0.6%.

• 2026. 9. 10.China's hog capacity reduction poised to accelerate in Sep | Mysteel+4.1%
• 2024. 3. 5.EUDR: Is the food industry ready to prove its supply chains are deforestation-free?+0.6%
• 2023. 1. 10.China's soy reduction campaign could be an opportunity for alt-protein producers | The Fish Site+2.5%
• 2023. 4. 14.Food security drives China to cut soymeal use in animal feed | Reuters-1.7%
• 2025. 6. 18.Reaping of the sow: China to reduce pig count by 1 million amid low prices, deflation risk | South China Morning Post-2.9%