# Hog capacity cuts peak season realized, fishmeal prices hit new record high; China livestock farming ETF index rises over 2% against the trend

> On November 3, Chinese agricultural stocks rose while broader indices fell, led by aquaculture and hog farming. Official data showed sow herd fell to 36.02 million head at end-Q3, down 10.7% year on year, while live hog prices slid to about 9.1 yuan/kg. Peru's cancellation of its second anchovy season pushed super steam fishmeal in China to 25,000 yuan/t, up over 46% this year.

- Date: 2026-11-03 · published 2026-11-03T06:14:24.436Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/77138-hog-capacity-cuts-peak-season-realized-fishmeal-prices-hit-new-record-high
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Lower hog prices and sow culling tighten the medium-term pork outlook, while fishmeal scarcity raises feed costs for pig and aquaculture producers and supports feed-ingredient prices.

## Read by commodity

- HOGS: bearish ▼
- FISHMEAL: bullish ▲

## Sources

- 21jingji.com: https://www.21jingji.com/article/20261103/herald/71bfa7ea7d596237d38ac01bc65fadd1.html

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