# National Bureau of Statistics: Late-October live hog (three-way cross) prices down 5.1% from mid-October

> 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.

- Date: 2026-11-04 · published 2026-11-04T18:15:53.175Z
- Category: report · region China · magnitude low
- Page: https://feedsoft.ai/events/80189-national-bureau-of-statistics-late-october-live-hog-three-way-cross-prices-down
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

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.

## Read by commodity

- SBM: bearish ▼
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2026-08-19 | [SunSirs: National Bureau of Statistics – China Pork Prices Fell 13.4% from January to July](https://feedsoft.ai/events/17907-sunsirs-national-bureau-of-statistics-china-pork-prices-fell-13-4-from-january.md) | -1.4% | -5.6% |
| HOGS | 2026-10-15 | [USDA Hog Report October 15, 2026: Mixed Pricing, Heavy Delivery Schedule - News and Statistics](https://feedsoft.ai/events/600-usda-hog-report-october-15-2026-mixed-pricing-heavy-delivery-schedule-news-and.md) | -2.4% | — |
| HOGS | 2025-06-30 | [Lean Hog Futures Warn of a Market Top, But Can Burgers and BLTs Save the Day?](https://feedsoft.ai/events/24355-lean-hog-futures-warn-of-a-market-top-but-can-burgers-and-blts-save-the-day.md) | -4.5% | -3.1% |
| HOGS | 2023-04-11 | [Quarterly Hogs & Pigs Report – Hog Markets Will Need Strong Demand to Bring Better Prices in 2023 \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/36549-quarterly-hogs-and-pigs-report-hog-markets-will-need-strong-demand-to-bring.md) | -1.8% | +2.5% |
| HOGS | 2020-11-13 | [Pig outlook: Lean hog futures starting to trend down
						 \| The Pig Site](https://feedsoft.ai/events/50298-pig-outlook-lean-hog-futures-starting-to-trend-down-the-pig-site.md) | -2.9% | -3.8% |
| SBM | 2017-08-10 | [Surprise, Another Big Corn and Soybean Crop On the Way \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/69397-surprise-another-big-corn-and-soybean-crop-on-the-way-farm-bureau-intel-markets.md) | -3.9% | -1.4% |
| SBM | 2019-07-30 | [Crop prices poised to stagnate: FAO \| Farmtario](https://feedsoft.ai/events/58164-crop-prices-poised-to-stagnate-fao-farmtario.md) | -3.1% | -3.7% |
| SBM | 2020-08-18 | [U.S. chicken production, prices down - High Plains Journal](https://feedsoft.ai/events/51766-u-s-chicken-production-prices-down-high-plains-journal.md) | -3.1% | +5.4% |

## Sources

- chnfund.com: https://www.chnfund.com/article/d3958bdd-9e1f-5b1d-9e9d-3a24b67931d4

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