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Meihekou’s October livestock report said hog supplies were ample and local hog prices remained low, with producers continuing to lose money despite a brief holiday demand boost. Cattle prices and profitability were firm, while egg prices retreated after an early-month peak and broiler production was near break-even or slightly unprofitable; high corn and soybean meal costs continued to weigh on livestock margins.
Ample hog supplies and weak post-holiday demand point to continued pressure on hog prices, while falling egg prices and weak broiler returns reflect softer poultry-market conditions. High feed costs are squeezing producer margins, though the report does not indicate a new change in feed-ingredient prices.
mhk.gov.cnNov 10, 2026After 159 past bearish report events, Lean Hogs moved a median -0.2% over 5 sessions (47% higher; middle half -2.2% to +1.3%), and +1.0% over 20.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 268 past bullish report events, Live Cattle moved a median +0.3% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +1.7% over 20.
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.
