# Hog prices reach cycle bottom, stalled price deadlock may break; hog stocks and live hog futures start moving ahead of the market

> China's national average hog price was 8.66 yuan/kg on November 11, down 27.71% year on year, with prices weak in the south and firmer in parts of the north. Live hog futures and pork equities have risen, while sow culling and a planned 2.56% increase in slaughter plans add supply pressure.

- Date: 2026-11-12 · published 2026-11-12T06:15:01.403Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/95044-hog-prices-reach-cycle-bottom-stalled-price-deadlock-may-break-hog-stocks-and
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Low Chinese hog prices and shrinking herds signal weaker feed demand for corn and meal in the near term, though expected seasonal demand and a possible turn in Q4 could gradually lift hog prices and support feed demand later.

## Read by commodity

- CORN: neutral
- HOGS: neutral

## Sources

- chinafeedm.com: http://www.chinafeedm.com/h-nd-32789.html

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