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China’s benchmark live hog futures contract fell nearly 30% from early September, reaching a record low on November 5, while spot hog prices also continued to decline. Ample market-ready supply, heavier hog weights and weak pork demand are weighing on prices, and analysts expect the market to remain soft in the near term.
Producers are sustaining heavy losses, with sow inventories falling, particularly among smaller farms amid increased disease-control challenges.
High hog availability combined with limited demand is pressuring live hog prices, while continued producer losses and herd reduction could eventually tighten supply. Near-term price pressure remains dominant.
news.10jqka.com.cnNov 7, 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.
