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Official data showed China's breeding sow herd at about 36.02 million head at end-September, down 10.7% year on year and falling for five straight quarters. Spot hog prices have fallen for two weeks as ample market-weight supply, weak frozen-pork demand and high frozen stocks weigh on the market.
Slow sow culling and rising productivity mean supply pressure persists into the coming months, keeping China's hog demand for feed under pressure and hog prices weak until herd cuts show up in market-weight supply.
finance.sina.com.cnNov 2, 2026Not 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.
