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China's NDRC data show the national pig-to-grain price ratio has fallen, with pig prices down 0.89% week on week as of late September. Haitong Securities analysts say the ratio remains around 8, well above the break-even level of 6, and that pig-feed cost pressure on CPI may ease.
A high hog-to-grain ratio supports continued hog herd rebuilding and feed demand, but falling corn prices lower the cost of feed inputs for Chinese producers.
mysheen.comNov 4, 2026After 301 past bearish macro events, CORN moved a median -0.1% over 5 sessions (47% higher; middle half -2.2% to +1.3%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
