
China's live-hog price fell 3.9% week over week to 8.83 yuan/kg on November 6, while the average wholesale pork price declined 1.6%. Hog trading weights and slaughter volumes rose as ample supplies met weak demand; forecasts pointed to further price declines in the coming week, with a possible modest recovery later if seasonal demand improves.
Heavy hog availability and weak pork demand are keeping prices under pressure, which may further constrain producer margins and feed demand. A seasonal pickup in demand could slow the decline, but the near-term outlook remains bearish for hogs and feed consumption.
Not enough comparable past events yet for a historical read.
Not 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.