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China’s national hog price edged up to 8.58 yuan/kg, while futures contracts rebounded as open interest fell. November slaughter plans and average hog weights are rising, and slaughter activity remains seasonally weak; frozen pork stocks are also high.
The proposed fourth round of state pork buying has not yet been implemented.
Rising supply and subdued demand continue to pressure hog prices, while the futures rebound appears technical rather than evidence of a fundamental turn. The supply backdrop is bearish for hog prices despite early signs of seasonal demand for heavier pigs.
goodsfu.10jqka.com.cnNov 10, 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.
