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On November 13, livestock stocks rose against a broad market decline, with several hog-sector ETFs gaining over 2%. Hog prices fell to 8.60 yuan per kg, a year-to-date low below cash costs, with the hog-to-grain ratio under 5:1.
Low hog prices and losses signal sow herd reduction that could support prices later. Near term, depressed hog margins keep feed demand from hog producers subdued.
finance.sina.com.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.
