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China’s national live-hog price fell to CNY 8.63/kg on November 9, its lowest level in a decade, despite the usual fourth-quarter demand peak. High slaughter weights and frozen-meat inventories, together with weak consumption, have kept supply above demand and pushed producers into deep losses; the article reports that breeding-sow inventories have been declining since mid-2025.
Ample hog supply and weak pork demand are depressing livestock prices and hurting producer margins, while continued sow reductions could eventually tighten pork supply and support prices. Lower hog prices may also ease feed demand from China’s pig sector.
163.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.
