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China’s sow herd and total pig inventory were down year over year at the end of the third quarter, and industry analysts expect the effects of capacity reductions on market hog supplies to emerge mainly in the second quarter of 2027. Major producers are cutting costs, while some industry participants say the latest price recovery has been delayed and weaker operators may exit sooner.
Continued sow-herd reductions could tighten hog supplies after a production lag and support hog prices if consumer demand also improves. Lower pig numbers could reduce feed demand, though the article does not quantify that effect.
finance.sina.com.cnNov 7, 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.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), 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.
