# Newborn Piglets Turn Negative Year over Year for the First Time, Confirming Hog-Herd Reduction, but November Hog Prices Must Still Hold On

> 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.

- Date: 2026-11-11 · published 2026-11-11T15:21:39.202Z
- Category: report · region China · magnitude medium
- Page: https://feedsoft.ai/events/93758-newborn-piglets-turn-negative-year-over-year-for-the-first-time-confirming-hog
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

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.

## Read by commodity

- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2019-02-28 | [Hog producers continue to ramp up production, despite negative returns](https://feedsoft.ai/events/60733-hog-producers-continue-to-ramp-up-production-despite-negative-returns.md) | +2.0% | +36.1% |
| HOGS | 2019-12-17 | [USDA projects lower hog prices, adjusts meat production for 2020 - Brownfield Ag News](https://feedsoft.ai/events/55722-usda-projects-lower-hog-prices-adjusts-meat-production-for-2020-brownfield-ag.md) | +0.5% | -1.2% |
| HOGS | 2023-02-23 | [Smaller Cattle Herd, but Stronger Live Cattle Prices Forecast for 2023](https://feedsoft.ai/events/37272-smaller-cattle-herd-but-stronger-live-cattle-prices-forecast-for-2023.md) | -0.6% | -7.1% |
| HOGS | 2019-02-22 | [Another Record Year for Meat Production Forecast for 2019](https://feedsoft.ai/events/60541-another-record-year-for-meat-production-forecast-for-2019.md) | -1.1% | +25.0% |
| HOGS | 2017-12-22 | [Seeds are sown for another year of record production](https://feedsoft.ai/events/67634-seeds-are-sown-for-another-year-of-record-production.md) | +2.5% | +9.1% |

## Sources

- news.zhuwang.com.cn: https://news.zhuwang.com.cn/xingyedianping/20261111/656785.html

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