I. Why the Market Stagnates (The Weak Reality) There is a roughly 10-month lag between the culling of breeding sows and the actual reduction in pork

I. Key Leading Indicators At the end of the third quarter, the inventory of breeding sows stood at 36.02 million—falling below the benchmark "normal" level of

According to data from SunSirs, domestic live pig prices continued a weak downward trend throughout October 2024. The average price was 10.20 RMB/kg on October

According to the monitoring of 500 county fairs and collection points nationwide, in the second week of October (the collection date was October 15), the

From January to September, the import and export volume of China's agricultural products reached 252.36 billion US dollars, a year-on-year increase of 9.7%. Among them,

According to data from SunSirs, live pig prices (specifically the "three-way crossbreed" variety) continued a weak downward trend last week. The average price was 9.95

According to customs data, China's meat imports (including offal) totaled 420,000 tonnes in September 2026, a decrease of 23.1% compared to the same period last

I. Data Overview According to the National Bureau of Statistics, the Consumer Price Index (CPI) for September showed pork prices up 1.2% month-on-month and down 10.0%

According to data from SunSirs, the price of three-way crossbred live pigs continued to fluctuate downward last week. The average price was 10.23 RMB/kg at

In the 41st week of 2026, domestic prices of pork, eggs and vegetables fell, beef and mutton prices rose, and international sugar prices rose significantly

Month-on-Month +1.2%: A Seasonal Boost from Pre-Holiday Stocking In September, demand for slaughter increased marginally, driven by preparations for the Mid-Autumn Festival and National Day, as

According to data from SunSirs, domestic live pig prices fluctuated slightly at low levels last week. The average price was 10.20 RMB/kg at the beginning

I. Key Current Data Production Side: Seven consecutive months of losses Self-breeding/self-fattening operations: Losses range from tens to over 200 RMB per head; losses are even greater

Data from the National Bureau of Statistics shows that in late September, the price of "foreign three-way cross" live pigs stood at 10.3 RMB/kg, a

According to data from SunSirs, the price of "three-way crossbred" live pigs trended weakly downward throughout September 2026. The average price was 10.92 RMB/kg on

Information from a State Council Information Office press conference indicates that, following sustained capacity regulation, the supply-demand balance for live pigs in my country has

Market Status The benchmark live pig futures contract (LH2611) is trading under pressure. Spot prices for mainstream "outer-three-way" (commercial hybrid) pigs range from 10.6 to 11.0

Domestic live hog spot prices are generally fluctuating with a weak undertone, showing regional divergence; prices have edged up in parts of the south, while

According to data from SunSirs, domestic prices for three-way crossbred live pigs trended weakly last week; the average price was 10.87 RMB/kg at the start