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National average hog prices fell to 9.10 yuan/kg as of October 30, down 3.7% week on week, with slaughter volumes slightly up. Piglet prices fell below 100 yuan per head and farms are losing money on both breeding and fattening, while newborn piglet numbers have declined for two consecutive months.
Heavy market-weight supply and high frozen stocks should keep hog prices soft in November, which reduces farmers' near-term feed buying, while falling piglet numbers point to tighter supply in early 2027.
field.10jqka.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.
