# Industry Tracker | Agricultural Pig Farming Market (Nov. 1–Nov. 7): Hog-to-Grain Price Ratio Edges Down Week on Week

> China’s hog-to-grain and hog-to-feed ratios fell 2.54% and 2.11% week on week, respectively, while the reported pig-feed price declined 1.11%. Soybean prices fell 0.60% over the week, whereas wheat prices rose 0.12%.

- Date: 2026-11-07 · published 2026-11-08T19:36:22.779Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/87937-industry-tracker-agricultural-pig-farming-market-nov-1-nov-7-hog-to-grain-price
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

The weaker hog-to-grain ratio points to tighter hog-farming margins, although lower feed prices offer some cost relief. The reported soybean decline is mildly bearish for soybean prices, but the figures indicate only small market moves.

## Read by commodity

- SOY: bearish ▼
- HOGS: bearish ▼
- WHEAT: neutral

## Sources

- field.10jqka.com.cn: https://field.10jqka.com.cn/20261107/c681577897.shtml

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.