According to monitoring by the Ministry of Agriculture and Rural Affairs of markets and collection points in 500 counties nationwide, in the 3th week of 10 (with samples collected on 10/22), beef cattle and mutton sheep prices rose week on week. Hog products, eggs, chicken, commercial chicks, soybean meal, and layer complete feed prices fell week on week. Fresh milk, corn, fattening pig complete feed, and broiler complete feed prices were unchanged week on week.

  I. Hog product prices.

  The national average price of piglets was 18.45 yuan/kg, down 3.1% from the previous week. It fell week on week for 13 consecutive weeks and hit a new low for nearly 10 years for 9 consecutive weeks. For 8 consecutive weeks,piglets prices were below pork prices, and were down 26.6% year on year.

  Across 29 monitored provinces nationwidePigletpricesall fell.

  Prices were higher in South China, at 19.68 yuan/kg, and lower in East China, at 17.15 yuan/kg.

  The national average live pig price was 10.71 yuan/kg, down 1.7% from the previous week. It fell week on week for 7 consecutive weeks, reaching its lowest level in nearly 16 weeks and its lowest level in more than nearly 3 months, down 13.1% year on year.

  Hainan livepig pricesPrices rose, with Hunan, Hebei, Jiangxi, Hubei, Sichuan and other provinces, for a total of 29 provinces, experiencing growthin live pig pricesfell.

  Prices were higher in the Southwest, at 11.36 yuan per kilogram, and lower in the Northeast, at 10.14 yuan per kilogram.

  The national average pork price was 20.59 yuan per kilogram, down 1.1% from the previous week. It fell week on week for 7 consecutive weeks, reaching its lowest level in nearly 16 weeks and its lowest level in more than nearly 3 months, down 10.9% year on year.

  Pork prices fell in Anhui, Hainan, Jilin, Inner Mongolia, Beijing and 28 other provinces, while prices in Shanghai and Ningxia were unchanged. Prices were higher in South China, at 22.93 yuan per kilogram, and lower in the Northeast, at 17.57 yuan per kilogram.

  Experts said that livestock producers actively marketed live pigs last week, increasing the supply of live pigs and pork. Pork consumption declined after the holiday, and prices fell somewhat. Looking ahead, live pig and pork prices are expected to fluctuate slightly this week.

  II. Prices of poultry products.

  The national average egg price was 10.44 yuan/kg, down 2.9% from the previous week. It fell week on week for 5 consecutive weeks, reaching its lowest level in nearly 21 weeks, or its lowest level in more than nearly 4 months, but was up 19.5% year on year.

  Egg prices in 10 major producing provinces, including Hebei and Liaoning, were 9.17 yuan/kg, down 3.6% from the previous week. They fell week on week for 5 consecutive weeks, reaching their lowest level in nearly 23 weeks, or their lowest level in nearly 5 months, but were up 26.1% year on year.

  The national average chicken price was 22.31 yuan/kg, down 0.4% from the previous week. It fell week on week for 5 consecutive weeks, reaching its lowest level in nearly 15 weeks, or its lowest level in nearly 3 months, and was down 0.1% year on year.

  The average price of commercial layer chicks was 3.82 yuan per chick, down 1.0% from the previous week. It fell week on week for 6 consecutive weeks, reaching its lowest level in nearly 22 weeks, but was up 6.1% year on year.

  The average price of commercial broiler chicks was 3.22 yuan per chick, down 0.6% from the previous week. It not only fell to its lowest level so far this year, but also to its lowest level in more than nearly 14 months, and was down 5.3% year on year.

  III. Prices of beef, mutton, and related products.

  The national average beef price was 77.84 yuan/kg, up 0.3% from the previous week. It rose week on week for 13 consecutive weeks, reaching not only its highest level so far this year, but also its highest level in more than nearly 2 and a half years, and was up 9.2% year on year.

  Beef prices in 10 major producing provinces, including Hebei and Inner Mongolia, were 72.61 yuan/kg, up 0.3% from the previous week. They rose week on week for 17 consecutive weeks and are estimated to have reached their highest level in more than nearly 2 and a half years.

  The live cattle price in the major producing provinces was 30.86 yuan/kg, up 0.3% from the previous week and rising week on week for 13 consecutive weeks, reaching at least its highest level since 2025, up 14.3% year on year.

  The national average mutton price was 74.99 yuan/kg, up 0.1% from the previous week and rising week on week for 10 consecutive weeks. It not only reached its highest level so far this year, but also its highest level in more than nearly 2 years and a half, up 6.2% year on year.

  The mutton price in 10 major producing provinces, including Hebei and Inner Mongolia, was 73.54 yuan/kg, up 0.1% from the previous week and rising week on week for 10 consecutive weeks. It is estimated to have also reached its highest level in more than nearly 2 years and a half.

  The live sheep price in the major producing provinces was 31.80 yuan/kg, up 0.2% from the previous week and rising week on week for 10 consecutive weeks, reaching at least its highest level since 2025, up 7.8% year on year.

  Four. Raw milk prices.

  The average raw milk price in 10 major producing provinces, including Inner Mongolia and Hebei, was 3.10 yuan/kg, unchanged from the previous week. It was not only tied for the highest level this year, but also tied for the highest level in nearly 20 months, up 2.0% year on year.

  Five. Feed prices.

  The national average corn price was 2.42 yuan/kg, unchanged from the previous week and tied for the lowest level in more than nearly 17 months. However, over these 17 months, it has generally fluctuated within the range of 2.42 yuan-2.50 yuan, down 1.6% year on year.

  The three northeastern provinces, the main production regionCorn pricesunit2.30 yuan/kilogram, unchanged from the previous week;

  Main sales area: Guangdong ProvinceCorn priceUnit2.47 yuan per kilogram, unchanged from the previous week.

  The national average soybean meal price was 3.42 yuan/kg, down 0.6% from the previous week. It turned from rising to falling, ending a run of 9 consecutive weeks of week-on-week increases, and was up 4.9% year on year.

  The average price of complete feed for fattening pigs was 3.37 yuan/kg, unchanged from the previous week and tied for the highest price in nearly 19 weeks; it was up 0.3% year on year.

  The average price of broiler compound feed was 3.49 yuan/kg, unchanged from the previous week and tied for the lowest level in nearly 9 weeks, also unchanged year on year.

  The average price of layer compound feed was 3.24 yuan/kg, down 0.3% from the previous week and tied for the lowest level in nearly 6 weeks, but up 0.6% year on year.

  Finally, based on the above hog andcorn pricesGridCalculated, the 10 month’s 3 week nationwidehog-to-corn ratioThe ratio was 4.43, down 1.65% from the previous period, falling to its lowest level in nearly 16 weeks.