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A Wanlian Securities report said China’s weekly hog price fell 5.05% to 8.64 yuan/kg, a year-to-date low, while losses for self-raised hogs widened to 396.73 yuan per head and the hog-to-corn ratio reached 3.62. The report also cited declining sow inventories, weak piglet restocking, and ongoing losses as factors contributing to capacity adjustment, and forecast a possible hog-price turning point in the fourth quarter of 2026.
Falling prices and widening losses are bearish for hogs in the near term, while herd reductions could eventually tighten supply and support a recovery. Reduced restocking also signals potential future contraction in pork production.
goodsfu.10jqka.com.cnNov 9, 2026After 159 past bearish report events, Lean Hogs moved a median -0.2% over 5 sessions (47% higher; middle half -2.2% to +1.3%), 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.
