# How to View the Recent Hog Price Trend: Changjiang Securities Agriculture Research Session No. 35 (Meeting Minutes)

> A Changjiang Securities research call on China's hog market says piglet prices nationally have fallen below 100 yuan per head, down from 250-260 yuan after July. Listed producers reported a further quarter-on-quarter drop in productive biological assets and record debt-to-asset ratios, with heavy hog weights and frozen pork inventories keeping prices near the bottom. The analysts expect capacity cuts of over 15% and a price turn in Q2 next year.

- Date: 2026-11-02 · published 2026-11-03T12:15:24.884Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/77634-how-to-view-the-recent-hog-price-trend-changjiang-securities-agriculture
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Sharp piglet price declines and forced capacity reduction point to lower future hog supply, which typically supports feed demand later but weighs on near-term feed purchasing from producers in distress.

## Read by commodity

- HOGS: bearish ▼

## Sources

- echo.sh.cn: https://www.echo.sh.cn/static/research/62070.html

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