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Huatai Securities said China’s national average hog price was 8.6 yuan/kg as of November 9, below the previous low of the current cycle. It attributed the renewed decline to ample supply and inventories alongside weak consumer demand, and said mounting cash losses could accelerate breeding-sow capacity reductions.
Further sow-herd reductions could eventually tighten hog supplies and support future live-hog prices, though the near-term market remains weighed down by excess supply and weak demand. Reduced herd numbers could also curb feed demand, including corn and soybean meal, over time.
feng.ifeng.comNov 11, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
