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In early November, China's hog price averaged 8.86 yuan per kilogram, while the industry had recorded 37 consecutive weeks of losses. Data for 16 sampled companies showed average full production costs of 6.14 yuan per jin, with substantial differences between the lowest-cost producers and those still above 6.5 yuan per jin; the article says feed inputs offer little scope for further cost relief.
Persistent losses and wide cost gaps may encourage higher-cost producers to cut output, while efficient operators are better positioned to maintain production. The reported low hog prices weigh on hog-market sentiment, and limited feed-cost relief could keep pressure on producer margins.
finance.sina.com.cnNov 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.
