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China’s average ex-farm price for DLY hogs was 8.60 yuan/kg on November 6, below the previous low recorded in April. Ample marketed supply, heavier slaughter weights, cash-flow-driven selling, frozen-pork releases, and weak demand are sustaining the downturn; African swine fever disruptions are also affecting some areas.
High hog availability and weak pork demand are bearish for hog prices and signal limited near-term feed demand from producers if losses persist. Faster liquidation could reduce future livestock numbers, but the immediate price pressure remains downward.
mysteel.netNov 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.
