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China's national average hog price fell to 8.63 yuan/kg on November 9, a near 10-year low, with several provinces quoting below 4 yuan/jin. The 25 listed hog producers posted combined first-three-quarter net losses of 24.47 billion yuan, and the three largest firms swung to losses in the third quarter.
Heavy producer losses and low hog prices point to continued pressure on pork and hog markets, with weaker prices lowering livestock feed demand in the near term.
finance.sina.com.cnNov 11, 2026Not 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.
