# October 2026 Agriculture, Forestry, Animal Husbandry and Fishery Industry Report: Q3 Capacity Reduction Exceeds Expectations; Hog Farming Losses Widen in October

> A Galaxy Securities report says the agriculture sector index fell 5.55% in October, with crop farming and fishing falling most while feed fell 1.79%. Hog breeding sow inventory at end-Q3 was 36.02 million head, down 10.7% year on year, and hog farming losses widened in October.

- Date: 2026-11-05 · published 2026-11-05T12:14:16.254Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/81704-october-2026-agriculture-forestry-animal-husbandry-and-fishery-industry-report
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Shrinking sow herds point to tighter hog supply into 2027, but near-term oversupply keeps pork prices weak, which weighs on demand for feed ingredients such as soybean meal and corn.

## Read by commodity

- CORN: neutral
- HOGS: bearish ▼

## Sources

- stock.hexun.com: https://stock.hexun.com/2026-11-05/225230531.html

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