China's national average live hog price (outside three-way crossbreeds) was 8.67 yuan per kg on November 13, 2026, down 0.16 yuan from a week earlier and 3.16 yuan below a year ago. Supply pressure from large producers, lighter piglet demand, sow culling and high frozen-meat stocks is outweighing seasonal demand support.
Persistent weakness in China's live hog prices and expanding supply point to reduced feed demand from the hog sector. Low hog prices discourage herd rebuilding, which keeps feed-ingredient demand soft in the near term.
Not 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.