# Huatai Securities: Recent Second Dip in Hog Prices Exceeds Market and Industry Expectations

> Huatai Securities said hog prices have hit new lows a second time, beyond what the market and industry expected, because supply and inventory pressure remain heavy while consumption is weak. It expects the fourth-quarter peak season to disappoint and cash losses for producers to deepen, which could accelerate sow culling.

- Date: 2026-11-13 · published 2026-11-13T09:16:05.345Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/97582-huatai-securities-recent-second-dip-in-hog-prices-exceeds-market-and-industry
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Deeper losses that push farms to cull sows would eventually tighten hog supply and support feed demand later, but near-term weak hog prices reduce feed purchasing by Chinese producers.

## Read by commodity

- HOGS: bearish ▼

## Sources

- gelonghui.com: https://www.gelonghui.com/live/2760091

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