# Spot hog prices break previous lows again as peak season demand falls short

> 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.

- Date: 2026-11-13 · published 2026-11-13T18:16:00.626Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/98173-spot-hog-prices-break-previous-lows-again-as-peak-season-demand-falls-short
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

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.

## Read by commodity

- HOGS: bearish ▼

## Sources

- xm.shandong.gov.cn: http://xm.shandong.gov.cn/art/2026/11/13/art_24614_10375155.html

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