# China Hog Futures Hit Fresh Low Amid Panic Selling

> China's most-active hog futures contract fell 4% to 13,480 yuan per metric ton, its fourth straight daily decline and a record low. The contract is down 37% since the start of the year as accelerated pig slaughter raised meat supply during weak demand.

- Date: 2023-12-05 · published 2023-12-05T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/32688-china-hog-futures-hit-fresh-low-amid-panic-selling
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Heavier slaughter and weak demand signal continued downward pressure on hog prices and reduced hog-sector demand for feed ingredients.

## Read by commodity

- HOGS: bearish ▼

## Sources

- agriculture.com: https://www.agriculture.com/china-hog-futures-hit-fresh-low-amid-panic-selling-8410759

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