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Chinese hog producers are losing money for over 14 months, with national average hog prices below 4.3 yuan/jin. Wens Foodstuff reports cost reductions to around 4.97 yuan/jin at a smart farm and uses chicken business to offset hog losses, while the company expects a possible price turning point around Spring Festival 2027.
Sustained losses and capacity cuts in China's hog sector reduce near-term feed demand for soymeal and corn, while the expected 2027 recovery could later lift feed purchases. Cost-cutting pressure favors efficiency-driven feed use.
news.southcn.com南方网、粤学习记者 郑捷 剪辑、设计：李彤茵Nov 13, 2026Not 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.
