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China’s average hog sales price fell 5.05% week over week to 8.64 yuan/kg by November 6, a new low for the year. Losses widened to 396.73 yuan per hog for farrow-to-finish farms, while the hog-to-grain ratio fell to 3.62; weak restocking interest and falling sow numbers point to faster capacity reduction.
Deep losses and herd liquidation could eventually tighten hog supplies and support prices, but abundant near-term supply is keeping prices under pressure. Lower soybean meal prices offer some feed-cost relief to producers.
jinguxun.comNov 9, 2026Not enough comparable past events yet for a historical read.
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.
