# Livestock and Feed Market Prices in the First Week of November

> China's Ministry of Agriculture reported that in the first week of November, average corn and soybean meal prices fell 0.4% and 0.6% week over week, respectively. Pig and pork prices also declined, while egg, cattle, sheep, and fresh milk prices rose; poultry feed prices were unchanged and hog feed prices edged lower.

- Date: 2026-11-11 · published 2026-11-11T07:36:37.105Z
- Category: report · region China · magnitude low
- Page: https://feedsoft.ai/events/93217-livestock-and-feed-market-prices-in-the-first-week-of-november
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Eggs](https://feedsoft.ai/c/EGGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Lower corn and soybean meal prices ease feed costs for Chinese livestock producers, while falling hog prices point to weak livestock-market conditions and potentially subdued feed demand. The data indicate a modestly bearish signal for feed grains and meal.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- EGGS: bullish ▲
- HOGS: bearish ▼
- MILK: bullish ▲
- CHICKEN: bearish ▼
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-11-09 | [November WASDE puts damper on grain markets — This week in the grain markets - RealAgriculture](https://feedsoft.ai/events/61983-november-wasde-puts-damper-on-grain-markets-this-week-in-the-grain-markets.md) | -6.9% | -0.6% |
| CORN | 2017-11-10 | [Marketline Report for Friday, November 10th - AG INFORMATION NETWORK OF THE WEST](https://feedsoft.ai/events/10554-marketline-report-for-friday-november-10th-ag-information-network-of-the-west.md) | -0.9% | +0.6% |
| CORN | 2020-04-03 | [2020 corn: A story of ethanol, acres and livestock feed \| TheFencePost.com](https://feedsoft.ai/events/53646-2020-corn-a-story-of-ethanol-acres-and-livestock-feed-thefencepost-com.md) | -0.6% | -8.4% |
| CORN | 2023-05-05 | [The measure of world food prices rose in April for first time in a year](https://feedsoft.ai/events/35977-the-measure-of-world-food-prices-rose-in-april-for-first-time-in-a-year.md) | -0.2% | -7.5% |
| CORN | 2023-07-24 | [Livestock producers see relief on feed prices \| Farmtario](https://feedsoft.ai/events/35161-livestock-producers-see-relief-on-feed-prices-farmtario.md) | +9.3% | -4.1% |
| SBM | 2017-05-23 | [Week 20: overview of the veg-oil market \| Greenea](https://feedsoft.ai/events/71093-week-20-overview-of-the-veg-oil-market-greenea.md) | -3.3% | -2.2% |
| SBM | 2016-11-29 | [Week 45: Overview of the world veg-oil market \| Greenea](https://feedsoft.ai/events/10930-week-45-overview-of-the-world-veg-oil-market-greenea.md) | -2.5% | -2.5% |
| SBM | 2024-01-18 | [Ag economist says livestock producers could see lower feed costs in 2024 – WZBD](https://feedsoft.ai/events/32255-ag-economist-says-livestock-producers-could-see-lower-feed-costs-in-2024-wzbd.md) | +1.1% | -3.7% |

## Sources

- xmsyj.moa.gov.cn: https://xmsyj.moa.gov.cn/jcyj/202611/t20261111_6489355.htm

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