
Vietnamese live hog prices declined through the third quarter of 2026, falling to around 57,000–60,000 dong per kilogram in September. Hog production rose 4.4% in the first nine months of the year and herd size was up 5.4% at the end of September, while rising feed costs added pressure on producer margins.
Recovering domestic supply has weighed on hog prices, while higher feed costs further squeeze producers and may affect future production decisions. The price decline is bearish for hogs, although margin pressure could eventually discourage supply growth.
After 159 past bearish report events, Lean Hogs moved a median -0.2% over 5 sessions (47% higher; middle half -2.2% to +1.3%), and +1.0% over 20.
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.