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Sixteen listed hog producers posted combined net losses exceeding 28 billion yuan in the first three quarters of 2026, with Muyuan losing 9.319 billion yuan and Wens 4.961 billion yuan. Sow inventories fell 10.7% year on year to 36.02 million head, below the 37.5 million regulatory target, and the industry has been loss-making for 37 consecutive weeks.
Wens' management expects a possible turning point around early 2027 Spring Festival.
Heavy losses and sow herd contraction point to lower hog output into 2027, which would reduce feed demand over time, though a recovery later could lift feed and meal consumption.
news.ifeng.comNov 3, 2026Not 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.
