
A Ministry of Agriculture and Rural Affairs adviser told MNI that China's pork prices will fall further in Q1 2026 before recovering gradually in the second half. Pork prices fell 14.6% in 2025, and ample commercial hog supply is expected in early 2026.
The Spring Festival timing and warm winter weather are also expected to weigh on demand.
Weak domestic pork prices and ample supply point to lower hog prices in the first half, which reduces producer margins and can slow feed purchases until the expected H2 recovery.
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.