# Analysts: Hog Prices Decline Faster, Farming Losses Continue to Widen

> 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.

- Date: 2026-11-09 · published 2026-11-09T13:36:50.544Z
- Category: report · region China · magnitude medium
- Page: https://feedsoft.ai/events/89573-analysts-hog-prices-decline-faster-farming-losses-continue-to-widen
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

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.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2020-06-26 | [Column: Hog prices fall to new lows \| Business \| journalgazette.net](https://feedsoft.ai/events/52774-column-hog-prices-fall-to-new-lows-business-journalgazette-net.md) | -2.5% | +10.8% |
| HOGS | 2018-01-01 | [Canadian cattle face losses, hogs turn profits](https://feedsoft.ai/events/66966-canadian-cattle-face-losses-hogs-turn-profits.md) | +3.2% | +7.4% |
| HOGS | 2023-12-19 | [More hogs, soft demand driving lower Q4 hog prices](https://feedsoft.ai/events/32856-more-hogs-soft-demand-driving-lower-q4-hog-prices.md) | -1.7% | +1.5% |
| HOGS | 2026-10-27 | [Why such low hog prices?](https://feedsoft.ai/events/595-why-such-low-hog-prices.md) | -5.8% | — |
| HOGS | 2018-03-16 | [Lower prices signal pork sector recovery continues in China](https://feedsoft.ai/events/65975-lower-prices-signal-pork-sector-recovery-continues-in-china.md) | -5.1% | -16.0% |

## Sources

- goodsfu.10jqka.com.cn: https://goodsfu.10jqka.com.cn/20261109/c681618504.shtml

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