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At a livestock production analysis meeting in Rongchang on October 30, the Ministry of Agriculture emphasized data verification, planning and normalized regulation of hog capacity. Sow inventory was 36.02 million head at end-Q3, down 10.7% year on year, and the regulatory target for normal sow stock was set near 37.5 million.
Official emphasis on tighter capacity control and sow reduction points to a slower hog supply recovery, supporting hog prices and reducing future feed demand growth.
finance.sina.com.cnNov 1, 2026After 37 past bullish policy events, Lean Hogs moved a median +0.0% over 5 sessions (51% higher; middle half -2.8% to +0.9%), and +0.2% over 20.
After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.
After 206 past neutral policy events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% over 20.
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.
