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The national average hog price is around 4.5 yuan/jin after falling from early October highs, with 19 of 28 provinces flat. Large hogs, secondary-fattening supplies and year-end group output keep supply heavy, while the hog-to-grain ratio sits at 4.16:1 in the first warning level.
Heavy hog supply and weak margins limit price upside, and stable corn and soymeal prices do little to offset losses, keeping feed buying cautious near term.
finance.sina.com.cnNov 1, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
