News Briefing | Hog Prices Fall to Near 20-Year Lows

NightAirdropper · 2026-03-25T22:44:15+00:00

In March of this year, the price of live pigs dropped to a nearly 20-year low, and the industry experienced severe cash flow losses, with pork prices falling as low as 6.5 yuan per jin. Conversely, beef prices remained steady and showed a gradual increase. The government announced a policy on the storage and reserve of frozen pork, and it is expected that the supply and demand situation may improve in the second half of the year.

NightAirdropper

2026-03-25 22:44:15

Abstract generation in progress

This article is reprinted from: Elderly Daily

In March of this year, live pig prices fell to their lowest in nearly 20 years, with both futures and spot prices hitting record highs, causing the entire industry to suffer cash flow losses. In a certain supermarket in Liaoning, discounted pork was priced at 6.5 yuan per jin, almost the same as fresh ginger. The merchant said that pork prices had been “low for a period of time,” and the main loss was borne by upstream farmers.

Unlike the sluggish pork market, beef prices are steady and rising. Li Guoxiang, a researcher at the Rural Development Institute of the Chinese Academy of Social Sciences, stated that pork is the main meat consumed in China, while beef meets different needs; the two markets are different.

Recently, the National Development and Reform Commission and other departments launched the first round of central frozen pork stockpiling for 2026, with a total of 10,000 tons. The policy signals a “bottom-line” support, but short-term effects are limited. The market expects pig prices to fluctuate at low levels, and supply and demand are expected to improve in the second half of the year.

Wang Chenyuan

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