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Sixteen listed Chinese hog producers reported combined net losses above 28 billion yuan for the first three quarters of 2026, with the industry losing money for 37 consecutive weeks. Sow inventory fell 10.7% year on year to 36.02 million head, below the 37.5 million regulatory target.
Wens Foodstuff management expects hog prices to bottom around Chinese New Year 2027.
Heavy losses and sow herd contraction point to lower future hog numbers and weaker demand for feed, mainly soymeal and corn, while producers cut costs; a price recovery would only come after capacity exits.
nbd.com.cnNov 4, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
