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China’s October newborn piglet numbers reportedly fell year over year for the first time in the current cycle, while breeding-sow inventories and sow culling data also pointed to accelerating capacity reductions. The article says the smaller piglet crop could reduce market-ready hog supply from around April 2027, but high slaughter plans, heavier weights and frozen-meat inventories are keeping near-term supply ample; seasonal curing demand may also be delayed until December.
Reduced piglet numbers point to tighter hog supply and potential price support in 2027, but elevated current supplies and delayed seasonal demand are likely to keep near-term hog prices under pressure. Lower future herd output could also curb feed demand, though the timing is further out.
news.zhuwang.com.cnNov 11, 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.
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.
