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China’s national live-hog price fell to 4.40 yuan per jin on November 5, just 0.05 yuan above its April low, while the main hog futures contract also set a new low. Wens Foodstuff reported a 9% month-on-month increase in October sales volume, but its average selling price fell 9.02%; sow culling is increasing, though the resulting reduction in market supply is expected to take time.
High near-term slaughter supply and weak demand are weighing on hog prices, while lower feed costs are not providing enough relief to offset producers’ losses. Faster sow culling could tighten supply later, but its delayed effect limits near-term price support.
chinafeedm.comNov 6, 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.
