# Hogs: Inventories Still Need to Be Worked Down; Ample Supply Set to Persist

> The report says October hog supply exceeded demand, with spot prices falling below 9 yuan per kilogram in many areas as large producers continued sales and secondary fattening demand remained weak. November planned slaughter was expected to increase, while elevated slaughter weights and frozen-pork stocks were likely to keep supply ample; seasonal demand could offer some support later in the month.

- Date: 2026-11-05 · published 2026-11-06T03:17:32.434Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/83346-hogs-inventories-still-need-to-be-worked-down-ample-supply-set-to-persist
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Near-term surplus supply and high frozen inventories are bearish for hog prices, while continued slaughter sustains feed use in the short run. Ongoing producer losses may prompt further sow liquidation, potentially tightening supply and reducing feed demand later.

## Read by commodity

- HOGS: bearish ▼

## Sources

- feng.ifeng.com: https://feng.ifeng.com/c/8xpCRzyq4vU

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