Shandong fat hog prices averaged 9.63 yuan/kg in week 44, down 23.63% year on year and 5.12% week on week, with piglet prices at a 14-week low. Farms lost about 320 yuan per head on self-breeding and about 280 yuan per head on bought-in piglets.
Analysts expect prices to firm in the fourth quarter on seasonal demand, though sow culling is slow.
Persistent hog losses and weak piglet demand point to smaller herds and lower feed grain and soymeal demand into 2027, while seasonal Q4 pork demand gives limited price support.
Not 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.
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.