# Breeding Sow Inventory Down 10.7% Year on Year at End of Third Quarter; Livestock ETF Index Rises Over 2% Intraday

> China's National Bureau of Statistics data show breeding sow inventory at end-Q3 at 36.02 million head, down 10.7% year on year and 96% of the normal level of 37.5 million. Livestock and farming sector stocks rose intraday on November 3, with the Tianhong livestock ETF index up 2.39%.

- Date: 2026-11-03 · published 2026-11-04T00:21:31.975Z
- Category: report · region China · magnitude medium
- Page: https://feedsoft.ai/events/78717-breeding-sow-inventory-down-10-7-year-on-year-at-end-of-third-quarter-livestock
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

A falling sow herd reduces future pork output, which supports hog prices and longer-term feed demand. The equity move reflects market expectations of a cycle reversal rather than a direct change in feed supply.

## Read by commodity

- HOGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2022-09-29 | [US Sept. 1 Hog Inventory Down 1% From Year Ago](https://feedsoft.ai/events/39744-us-sept-1-hog-inventory-down-1-from-year-ago.md) | -0.2% | -1.3% |
| HOGS | 2018-09-28 | [U.S. livestock: CME lean hogs, cattle rise on month-end buying - Grainews](https://feedsoft.ai/events/63192-u-s-livestock-cme-lean-hogs-cattle-rise-on-month-end-buying-grainews.md) | +7.0% | -4.8% |
| HOGS | 2026-06-30 | [Daily Livestock Report June 30, 2026: Hog Breeding Herd Analysis](https://feedsoft.ai/events/18780-daily-livestock-report-june-30-2026-hog-breeding-herd-analysis.md) | +0.3% | +8.4% |
| HOGS | 2022-09-27 | [All eyes on Thursday's Quarterly Hogs and Pigs report - Brownfield Ag News](https://feedsoft.ai/events/39747-all-eyes-on-thursday-s-quarterly-hogs-and-pigs-report-brownfield-ag-news.md) | -2.2% | -2.6% |
| HOGS | 2021-05-27 | [USDA reports second largest inventory of cattle on feed since 1996](https://feedsoft.ai/events/4968-usda-reports-second-largest-inventory-of-cattle-on-feed-since-1996.md) | +2.4% | -6.4% |

## Sources

- news.ifeng.com: https://news.ifeng.com/c/8xkOkOk02mR

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