# November Hog Prices Expected to Bottom Sideways Awaiting Supply-Demand Signals

> Hog futures LH2701 fell 10.33% since taking over as main contract on October 13, closing at 9,510 yuan/tonne on October 30, the lowest since mid-April. Piglet prices dropped below 100 yuan, a low not seen since October 2021, while Q3 breeding sow inventory of 36.02 million head is 96% of the normal holding level.

- Date: 2026-11-04 · published 2026-11-04T03:14:14.965Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/79089-november-hog-prices-expected-to-bottom-sideways-awaiting-supply-demand-signals
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Weak spot prices and a widening futures discount reflect ample current supply, but sow culling is expected to tighten pork output from around Q2 2027, a factor for longer-term hog and feed demand.

## Read by commodity

- HOGS: bearish ▼

## Sources

- finance.sina.com.cn: https://finance.sina.com.cn/money/future/fmnews/2026-11-04/doc-inixprpa6225954.shtml

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