# China's Hog Futures Plunge as Farmers Step Up Slaughter - Pork Business

> China's most active hog futures closed down 5.69% on November 27 at a record low after farmers accelerated pig sales following months of weak prices. Cash hog prices have fallen since August amid oversupply and weak demand.

- Date: 2023-11-27 · published 2023-11-27T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/33165-china-s-hog-futures-plunge-as-farmers-step-up-slaughter-pork-business
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Falling Chinese hog prices and herd liquidation signal weaker pork margins and reduced feed demand, which is bearish for corn and soymeal exports to China.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- HOGS: bearish ▼

## Sources

- porkbusiness.com: https://www.porkbusiness.com/news/industry/chinas-hog-futures-plunge-farmers-step-slaughter

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