# Shandong Province Livestock Market Analysis, Week 44 (October 26–November 1)

> 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.

- Date: 2026-11-04 · published 2026-11-04T15:15:17.148Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/80014-shandong-province-livestock-market-analysis-week-44-october-26-november-1
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

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.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- HOGS: bearish ▼
- CHICKEN: bullish ▲

## Sources

- dzrb.dzng.com: https://dzrb.dzng.com/general/0/NEWS3795488DVVRECRABDSZL
- fsc.foodmate.net: https://fsc.foodmate.net/show.php?itemid=756368

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