# Hog capacity cuts materialise and poultry chain profits improve, strengthening the cycle recovery case for livestock ETFs

> The article reports that China's national breeding sow inventory fell to 36.02 million head in Q3, down 10.7% year on year. Poultry chain profits improved in Q3, with white-feather broiler breeders profitable and yellow-feather chicken farming earning good margins.

- Date: 2026-11-12 · published 2026-11-12T12:15:18.012Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/95456-hog-capacity-cuts-materialise-and-poultry-chain-profits-improve-strengthening
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Lower sow numbers point to tighter pork supply later, and better poultry margins support feed demand. The effect on feed prices is gradual and modest.

## Read by commodity

- HOGS: bullish ▲
- CHICKEN: bullish ▲

## Sources

- feng.ifeng.com: https://feng.ifeng.com/c/8xzaZM9zxdQ

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