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Pork retail prices in some Shanghai markets dropped below vegetable prices, with fresh front-leg meat at CNY 4.9 per jin. Nationwide live hog prices fell to a 10-year low, and the three largest listed hog producers lost CNY 16.85 billion in the first three quarters.
Industry sources said oversupply from expanded herds and higher sow productivity has persisted for about a year.
Low hog prices and losses signal that producers may cut or slow hog output over time, but in the near term oversupply keeps hog prices weak, reducing demand for feed ingredients used in hog rations.
stheadline.comNov 15, 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.
