Prices for pork in China have dropped by 22% over the year due to cheaper feed.

Prices for pork in China have dropped by 22% over the year due to cheap feed, which may lead to a decrease in demand for soybeans and corn.

According to the Ministry of Agriculture and Rural Development, from January to June 2025, 183.55 million pigs were processed in Chinese slaughterhouses, which is 14.5% more than in the same period of 2024. The increase in slaughter volumes led to an increase in pork supply and a decrease in prices for livestock and meat, reports Ukragroconsult. Prices for live pigs have been falling for six consecutive weeks, reaching 14.35 yuan/kg in mid-August, which is 31.4% less than a year earlier. Pork prices as of August 20 also fell to 24.93 yuan/kg, which is 22% less than a year earlier. In the case of piglets, the decline was even longer: prices fell for fifteen consecutive weeks until they reached 33.25 yuan/kg, which is 25.4% less compared to the previous year. Despite the price drop, pig farming remains profitable due to the reduction in feed costs. Corn and soybean meal prices remain at historically low levels due to record corn and soybean harvests in China and Brazil, which allows ...