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China's hog futures rebounded nearly RMB800 per tonne from a contract low, with Tianbang Food and Jinxinnong hitting the daily limit. Analysts pointed to a shrinking sow herd as capacity cuts are expected to lift pig stocks.
A smaller sow herd tightens pork supply and can support feed demand, but analysts warn oversupply will keep prices under pressure until mid-2027, limiting the upside for feed ingredients.
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.