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China’s third-quarter-end breeding sow inventory was reported at 36.02 million, down 10.7% year over year and below the government’s normal inventory range. Hog producers have recorded prolonged losses, while hog prices remain low; the article says reduced sow numbers could tighten future supply, but the effect may take about 10 months to reach market shipments.
Prolonged losses and declining sow inventories point to smaller hog supplies over time, which could support hog prices once the cuts flow through to slaughter numbers. The near-term market remains oversupplied, limiting the immediate price impact.
fx168news.comNov 6, 2026After 100 past bullish report events, Lean Hogs moved a median -0.2% over 5 sessions (49% higher; middle half -1.9% to +2.0%), and -0.4% 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.
