# Pig prices approach 9 yuan mark as livestock stocks rally; Yangguang Dairy hits limit up, Muyuan and Wens gain over 2%, Breeding ETF Huatai-PineBridge (159172) index up over 2% for a second day

> On November 3, Chinese livestock shares rallied, with the CSI Livestock Breeding Industry Index up more than 2%. National hog prices fell to 9.13 yuan/kg, a low since late April, and hog farming has been loss-making for about 13 months. Official data cited shows sow herd reductions of 4.7% in the third quarter.

- Date: 2026-11-03 · published 2026-11-03T09:16:13.365Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/77473-pig-prices-approach-9-yuan-mark-as-livestock-stocks-rally-yangguang-dairy-hits
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Low hog prices and persistent losses are curbing herd size and cutting future pork supply, which should eventually support prices and hog-feed demand. For feed buyers, the lag between falling sows and still-high slaughter weights means near-term pork and feed demand stays weak.

## Read by commodity

- SBM: neutral
- CORN: neutral
- HOGS: neutral

## Sources

- jiemian.com: https://www.jiemian.com/article/15286928.html

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