{"id":379930,"date":"2026-04-03T12:22:12","date_gmt":"2026-04-03T12:22:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/379930\/"},"modified":"2026-04-03T12:22:12","modified_gmt":"2026-04-03T12:22:12","slug":"china-to-boost-frozen-pork-reserves-as-hog-prices-tumble-to-multi-year-troughs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/379930\/","title":{"rendered":"China to boost frozen pork reserves as hog prices tumble to multi-year troughs"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">China will carry out its second round of frozen pork stockpiling this year for state reserves after live hog prices in March fell to their lowest level in nearly eight years, as policymakers seek to cushion a deepening plunge that is hurting rural incomes and adding to deflationary pressure.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The Ministry of Commerce said on Thursday that it would work with the National Development and Reform Commission (NDRC) and the Ministry of Finance to undertake pork stockpiling.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cThe Ministry of Commerce will continue to closely monitor the pork market, strengthen trend analysis, and coordinate with relevant departments to manage reserves and ensure market stability,\u201d the ministry said in a statement on its website.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The authorities\u2019 reserve purchases are typically deployed when hog prices fall quite sharply and trigger official warning mechanisms, making them a closely watched signal of official concern.<\/p>\n<p><img decoding=\"async\" alt=\"Frozen pork is seen at a supermarket in Beijing. Photo: Shutterstock\" data-qa=\"BaseImage-handleRenderImage-StyledImage\" class=\"e1gf69pb2 css-6ikqhs e445x7d0\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/04\/e57ba941-6edc-4e10-89f1-42a423b0e5fc_ee04f570.jpg\" title=\"Frozen pork is seen at a supermarket in Beijing. Photo: Shutterstock\"\/>Frozen pork is seen at a supermarket in Beijing. Photo: Shutterstock<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Beijing carried out a round of pork stockpiling for its state reserves in March, after undertaking several such purchases last year to stabilise the country\u2019s volatile pork market.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Pork prices have a huge influence on China\u2019s consumer price index (CPI) due to their substantial weight within the food category, as the weighting remains high despite a recent downward revision. The falling prices are also squeezing millions of the country\u2019s pig farmers just as the US-Israel war on Iran is pushing up global oil, grain and feed prices, raising their production costs.<\/p>\n","protected":false},"excerpt":{"rendered":"China will carry out its second round of frozen pork stockpiling this year for state reserves after live&hellip;\n","protected":false},"author":2,"featured_media":379931,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[2102,72,114,7456,113,169725,61,60,53880,46775,41404,15834,108028,112800,169724,153592],"class_list":{"0":"post-379930","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-beijing","9":"tag-business","10":"tag-china","11":"tag-cpi","12":"tag-economy","13":"tag-huatai-futures","14":"tag-ie","15":"tag-ireland","16":"tag-ministry-of-agriculture-and-rural-affairs","17":"tag-ministry-of-commerce","18":"tag-ministry-of-finance","19":"tag-national-development-and-reform-commission","20":"tag-pork","21":"tag-sci","22":"tag-soymeal","23":"tag-us-israel-war-on-iran"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/379930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=379930"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/379930\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/379931"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=379930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=379930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=379930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}