# Live hog prices lack conditions for an upturn; sugar stays in short-term range

> On November 2, the national outer-three-yuan hog price averaged 9.01 yuan/kg, down 0.05 yuan. Market weights are rising and slaughter-plant utilization is low, while the November stocking window is the key demand test. Raw sugar futures fell 0.37 cents to 19 cents/lb on lower energy prices and expectations of new-crop output.

- Date: 2026-11-03 · published 2026-11-03T06:14:24.739Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/77141-live-hog-prices-lack-conditions-for-an-upturn-sugar-stays-in-short-term-range
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Weak live hog prices and slow inventory clearance keep pork-related feed demand subdued, while sugar and energy weakness offer limited support across soft commodities.

## Read by commodity

- HOGS: bearish ▼
- BRENT: bearish ▼

## Sources

- finance.sina.com.cn: https://finance.sina.com.cn/money/future/fmnews/2026-11-03/doc-inixmsvw9953926.shtml

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