# Hog prices keep bottoming as livestock stocks rally strongly; agriculture ETF gains over 2%

> Live hog prices in Sichuan, Guangdong and Henan fell further in the week to October 30, with the average pork price at 15.29 yuan/kg. Livestock and aquaculture shares rallied on November 3, and brokers see industry losses driving capacity cuts that could set up the next price upturn.

- Date: 2026-11-03 · published 2026-11-05T01:36:44.500Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/80941-hog-prices-keep-bottoming-as-livestock-stocks-rally-strongly-agriculture-etf
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Capacity cuts and losses point toward tighter Chinese pork supply later, which would support feed demand, though near-term hog prices remain weak.

## Read by commodity

- SBM: neutral
- HOGS: bearish ▼

## Sources

- portal.sina.com.hk: https://portal.sina.com.hk/finance/sina/2026/11/03/1975364/%e7%94%9f%e8%b1%ac%e5%83%b9%e6%a0%bc%e7%b9%bc%e7%ba%8c%e5%b0%8b%e5%ba%95%ef%bc%81%e7%95%9c%e7%89%a7%e9%a4%8a%e6%ae%96%e8%82%a1%e5%a4%a7%e9%9d%a2%e7%a9%8d%e8%b5%b0%e5%bc%b7%ef%bc%8c%e8%be%b2%e7%89%a7/

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