# 16 Sample Hog Producers Post Combined Losses Over 28 Billion Yuan in First Three Quarters: Industry Pushes Toward 5-Yuan Cost, Firms Expand into Meat Transformation, Some Predict Turning Point Around Spring Festival

> 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.

- Date: 2026-11-03 · published 2026-11-04T06:14:10.105Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/79274-16-sample-hog-producers-post-combined-losses-over-28-billion-yuan-in-first
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

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.

## Read by commodity

- HOGS: bearish ▼

## Sources

- news.ifeng.com: https://news.ifeng.com/c/8xlOZY6i1Ku

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