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On November 4, the national average price for outside-ternary live hogs fell 3.9% from October 28 to 8.85 yuan/kg, down about 26% year on year. Breeding firms plan to sell 2.56% more hogs in November while sow herds are being culled, and cold-storage stocks sit at 31.6% capacity with pork processors pressing prices.
Ample hog supply and weak pork demand ahead of the curing season point to continued pressure on hog prices, which weakens hog-farmer demand for feed such as corn and soybean meal.
goodsfu.10jqka.com.cnNov 4, 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.
