Loading…
China's sow herd fell 10.7% year on year at the end of Q3 2025 to 36.02 million head, and farmers have been cutting capacity faster. Producers expected a hog price rebound in Q4 that did not happen, and analysts now see the cycle turning in Q2 2027.
Lower breeding stock will reduce market hog supply about 10 months later, so the cut supports lean hog prices in 2027. Until then, weak prices and losses will keep pressure on smaller farms.
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.