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On November 13, national average hog prices were about 8.54 to 8.60 yuan/kg, slightly up on the day, and slaughter utilization rose as cold weather started curing season. The National Bureau of Statistics reported the breeding sow herd fell to 36.02 million head at end-Q3, 96% of the regulatory threshold, and institutions expect supply to keep contracting.
Falling sow numbers point to tighter Chinese hog supply and firmer feed demand later in the cycle. Near-term prices remain capped by heavy market supply.
finance.sina.com.cnNov 13, 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.
