# Dongfang Securities: The hog industry suffers deep losses and accelerates capacity reduction | Longbridge

> Dongfang Securities said China's pig industry is under dual pressure from weak prices and expected policy-driven capacity restrictions on leading producers. Fat hog prices are near 11 yuan/kg and piglets have fallen below 200 yuan/head, pushing the sector into comprehensive losses, with slaughter expected to stay high until early 2026.

- Date: 2025-10-13 · published 2025-10-13T12:00:00.000Z
- Category: policy · region China · magnitude low
- Page: https://feedsoft.ai/events/22387-dongfang-securities-the-hog-industry-suffers-deep-losses-and-accelerates
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Heavy slaughter and losses point to continued weak hog prices and lower near-term feed demand, while any policy-driven capacity cuts could support prices later.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2024-01-23 | [China to Encourage Hog Farmers to Reduce Capacity After Price Slump - Pork Business](https://feedsoft.ai/events/32125-china-to-encourage-hog-farmers-to-reduce-capacity-after-price-slump-pork.md) | +4.4% | +14.7% |
| HOGS | 2026-03-04 | [Beijing urges hog producers to focus on capacity control \| MarketScreener UK](https://feedsoft.ai/events/20149-beijing-urges-hog-producers-to-focus-on-capacity-control-marketscreener-uk.md) | +0.8% | -2.6% |
| HOGS | 2024-07-10 | [Challenges and Shifts in Philippines’ Livestock Industry: Production, Imports, Price Trends, and Q Fever Risk – Industry Strategic Science and Technology Plans (ISPs) Platform](https://feedsoft.ai/events/29218-challenges-and-shifts-in-philippines-livestock-industry-production-imports.md) | +1.0% | +3.1% |
| HOGS | 2019-11-12 | [State Council planning more measures to restore nation's hog production](https://feedsoft.ai/events/56059-state-council-planning-more-measures-to-restore-nation-s-hog-production.md) | -0.3% | -2.4% |
| HOGS | 2026-04-18 | [China agriculture minister urges pig breeders to reduce capacity as prices fall \| Reuters](https://feedsoft.ai/events/19720-china-agriculture-minister-urges-pig-breeders-to-reduce-capacity-as-prices-fall.md) | +1.4% | +3.3% |

## Sources

- longbridge.com: https://longbridge.com/en/news/260839662

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