Live hog prices in China dropped below 9 yuan/kg on 5 November as industry losses deepened. Analysts expect the sow herd reduction to continue into the first half of 2027, while beef cattle prices have started to rise.
Falling hog prices and continued herd cuts point to weaker near-term pig feed demand in China, with supply tightening only later. Rising beef cattle prices may modestly support demand for feed and cattle-related products.
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.