# Hog Prices Break Below CNY 10 Line in Peak Season; Top Three Producers Post Synchronized October Sales Volume Declines, Revenue Down as Much as 30%

> China’s three leading listed hog producers—Muyuan Foods, Wens Foodstuff Group and New Hope—sold a combined 10.45 million hogs in October, with volumes down year on year and average prices broadly below CNY 10/kg. Prices reached about CNY 8.6/kg amid ample supply and weak demand, while delayed marketings and soft consumption contributed to falling prices and sales revenue; industry participants say sow liquidation is being offset by higher productivity per sow.

- Date: 2026-11-10 · published 2026-11-10T18:17:03.229Z
- Category: market · region China · magnitude medium
- Page: https://feedsoft.ai/events/92115-hog-prices-break-below-cny-10-line-in-peak-season-top-three-producers-post
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

The combination of weak demand and abundant production is bearish for hog prices and reduces incentives and cash flow for producers, potentially prompting output cuts. Higher productivity may delay any supply tightening from sow liquidation, while weaker hog-sector profitability can weigh on feed demand.

## Read by commodity

- HOGS: bearish ▼

## Sources

- finance.biggo.com: https://finance.biggo.com/news/fe114696-7f16-4d60-b672-2459aee3a6a0

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.