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China's National Bureau of Statistics reported that live hog (three-way cross) prices averaged 9.3 yuan per kg in late October 2026, down 5.1% from mid-October. Of the 50 key production materials tracked, 17 rose, 28 fell and 5 were flat.
Falling hog prices signal weak pork demand and oversupply, which reduces farmers' appetite for feed and pressures feed ingredient demand in China. The bearish hog price trend is negative for feed buyers' demand outlook.
chnfund.comNov 4, 2026After 159 past bearish report events, Lean Hogs moved a median -0.2% over 5 sessions (47% higher; middle half -2.2% to +1.3%), and +1.0% over 20.
After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.
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.
