China’s breeding sow inventory fell 1.57% month on month in October, while the hog farm-gate price was down 3.43% week on week to 9.01 yuan/kg on November 5. Hog producers remained deeply unprofitable, and the report also noted rising poultry prices, pet-food export growth, and elevated El Niño risk for crops.
Ample hog availability and accelerated sow reductions keep near-term hog prices under pressure, though herd liquidation may eventually curb future pork supply. The report’s crop-weather warning flags potential agricultural supply risks but gives no specific forecasted production loss.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.