# Hog prices fall below 9 yuan to a new yearly low, likely to keep bottoming amid strong supply and weak demand (Week 45 review)

> China’s live-hog price fell from 9.22 yuan/kg at the start of the week to 8.69 yuan/kg by the end of Nov. 2–8, a new low for the year. Heavy marketings, delayed sales, and larger hog weights kept supply ample, while demand improved only slightly; corn prices were broadly unchanged and soybean meal prices declined amid high crushing and stocks and weak feed demand.

- Date: 2026-11-09 · published 2026-11-09T21:16:15.255Z
- Category: market · region China · magnitude medium
- Page: https://feedsoft.ai/events/90219-hog-prices-fall-below-9-yuan-to-a-new-yearly-low-likely-to-keep-bottoming-amid
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

The weak hog market and continued losses are limiting feed buyers’ purchasing appetite, while ample soybean-meal stocks and sluggish buying pressure meal prices. Corn is range-bound as cost and state-purchase support offset weak feed demand and a large crop outlook.

## Read by commodity

- SBM: bearish ▼
- CORN: neutral
- HOGS: bearish ▼

## Sources

- news.zhuwang.com.cn: https://news.zhuwang.com.cn/dujiafenxi/20261109/656570.html

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