# [Huaan Securities] Agriculture, forestry, animal husbandry and fishery weekly: hog farming losses widen, three agencies report further sow herd cuts in October

> National average hog prices rose 2.9% week on week to 8.8 yuan per kg, while farm losses on self-bred, self-raised hogs widened to about 447 yuan per head. Three industry consultancies estimated that sow inventories fell further in October, and 18 listed hog producers reported October slaughter volumes down 8.1% year on year. The brokerage continues to recommend the hog sector on low valuations.

- Date: 2026-11-15 · published 2026-11-15T21:17:16.587Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/101840-huaan-securities-agriculture-forestry-animal-husbandry-and-fishery-weekly-hog
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Continued sow herd reductions point to tighter Chinese pork supply later, which supports hog prices and reduces future feed grain demand from the sector. Widening losses, however, may keep near-term slaughter pressure and feed buying subdued.

## Read by commodity

- HOGS: neutral

## Sources

- touvip.com: https://touvip.com/article/21407

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.