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On November 12, China's national spot hog prices fell to 8.56 yuan per kg, breaking below earlier lows, even as hog futures rose 1.1%. Analysts said oversupply from farms selling heavy weights, weak pork demand and high frozen pork inventories are limiting the usual year-end rebound.
Some regions have fallen below 8 yuan per kg, a near ten-year low.
Persistent low hog prices and deep producer losses discourage herd rebuilding and cut feed demand for corn and soymeal in the near term. The futures-spot gap suggests any rebound may be limited until supply falls.
xm.shandong.gov.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.
