
Chinese hog prices fell again in early November, with the national average dropping to 8.7 yuan per kilogram by Friday, and most producers are losing money. The three largest listed producers reported combined losses of 16.8 billion yuan for the first three quarters, as heavy hog weights and slow sow culling keep supply high.
Persistent oversupply and losses point to continued pressure on hog prices and lower demand for feed, though slow capacity exit means any recovery is likely to be delayed.
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.