# 23 Hog Producers Post Combined Losses of 25.7 Billion Yuan; New Hope Raises 2.6 Billion Yuan Through Share Placement

> Twenty-three listed Chinese hog producers reported combined first-three-quarter net losses of 25.74 billion yuan on revenue of 508.3 billion yuan, down 2.16%. New Hope completed a 2.6 billion yuan private placement and is expanding overseas and aquatic feed capacity.

- Date: 2026-11-02 · published 2026-11-02T21:21:54.729Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/76148-23-hog-producers-post-combined-losses-of-25-7-billion-yuan-new-hope-raises-2-6
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Widespread losses point to continued herd culling and lower hog output over time, which would eventually reduce demand for feed ingredients, while the feed makers' expansion in aquafeed supports demand for fishmeal and soy-based inputs.

## Read by commodity

- HOGS: bearish ▼

## Sources

- stock.10jqka.com.cn: http://stock.10jqka.com.cn/20261102/c681374376.shtml
- 21jingji.com: https://www.21jingji.com/article/20261103/herald/750f2b39daadabb73cc7c2533bf23bec.html
- thepaper.cn: https://www.thepaper.cn/newsDetail_forward_34390356

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