Wens Foods expects hog prices of 13-14 yuan per kg in 2027, against an average of 8.54 yuan per kg on November 12, after more than 14 months of industry losses. The company says producers are being forced to cut sow herds faster, with the national breeding sow inventory down 11.7% from its peak by the end of Q3 2026.
Sharp sow-herd reductions point to tighter pork supply and a recovery in hog prices into 2027, which would lift hog-feed demand. Analysts expect the recovery to be gradual and uneven.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.