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China’s national hog-to-corn price ratio was 3.79:1 on November 8, below the 5:1 threshold for the highest-level excessive-decline warning. The report says authorities may begin pork procurement for state reserves, which could help hog prices stabilize and rebound from their lows.
State reserve purchases would add demand for pork and could support hog prices. The low ratio also signals severe pressure on producers, though the article describes intervention as a possibility rather than an announced purchase.
goodsfu.10jqka.com.cnNov 9, 2026After 37 past bullish policy events, Lean Hogs moved a median +0.0% over 5 sessions (51% higher; middle half -2.8% to +0.9%), and +0.2% 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.
