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Muyuan, a major Chinese pork producer, described the hog industry as loss-making, with live hog prices falling to around 9-10 yuan per kg and self-breeding losses near 220 yuan per head. The company said it had cut sow inventory by about 18% and is shifting into slaughter and processing, where its slaughter volume rose 51% in the first half of 2026.
An industry forecast expects low, narrowly ranging hog prices next year.
Sustained low hog prices and sow herd reduction point to slower pig numbers ahead, which weighs on feed demand over time. Near-term hog prices remain depressed with no new shock to move them sharply.
hnxmsyzz.comNov 5, 2026Not 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.
