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Chinese hog prices fell below 9 yuan per kg, with the live hog index at 8.68 yuan on November 12, down 27% year on year. Sow herd reduction continued in October, with the national breeding sow inventory at 3.602 million head, below the 3.75 million normal level.
Fund holdings in agricultural stocks rose 36% in Q3.
Lower hog prices and falling sow numbers reduce pork supply expectations and cut demand for feed in the medium term, which is bearish for feed grains and meal demand in China until herd reduction shows up in slaughter.
jiemian.comNov 12, 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.
