2026年10月28日 (Wednesday), according to the China Pig Networkpork price monitoring systemMonitoring, nationwideThree-way crossbred pigsThe average price is 9.33 yuan/kg, down 0.10 yuan/kg from yesterday (9.43 yuan/kg) and down 0.99 yuan/kg from last month (10.32 yuan/kg).

　　As for other pig breeds, pigsInbred three-way crossThe average price is 9.92 yuan/kg, down 0.10 yuan/kg from yesterday (10.02 yuan/kg); live pigsLocal crossbred pigsThe average price is 9.31 yuan/kg, down 0.13 yuan/kg from yesterday (9.44 yuan/kg).

　　Nationwideforeign three-way crossbred、domestic three-way crossbred、Local crossbred pigsPrices have all fallen sharply. See the analysis below for details of the specific price changes!

Supply peaks collide with the seasonal demand lull; can pork prices reverse course in the fourth quarter? — Illustration 1
2026 year 10 month 22 day-2026 year 10 month 28 day (7 days)Three-way crossbredAverage price trend chart

　　Today, some provinces/municipalities/autonomous regionsThree-way crossbred,three-way crossbred pig,local crossbred pigAverage price:

　　1,Three-way crossbred pigsIn terms of three-way crossbred pigs: Shanghai 9.71 yuan/kg, Qinghai Province 8.99 yuan/kg, Henan Province 9.23 yuan/kg, Tianjin 9.28 yuan/kg, Hainan Province 8.63 yuan/kg, Jilin Province 9.12 yuan/kg, Yunnan Province 9.15 yuan/kg;

　　2,domestic three-way crossbred pigsIn terms of: Shandong Province 9.88 yuan/kg, Qinghai Province 8.01 yuan/kg, Henan Province 9.50 yuan/kg, Hebei Province 9.50 yuan/kg, Guangxi Zhuang Autonomous Region 10.30 yuan/kg, Liaoning Province 10.44 yuan/kg, and Guizhou Province 11.00 yuan/kg;

　　3,Local crossbred pigsBy region: Jiangxi City 8.00 yuan/kg, Gansu Province 10.80 yuan/kg, Hubei Province 9.35 yuan/kg, Tianjin City 10.60 yuan/kg, Guangdong Province 10.80 yuan/kg, Heilongjiang Province 9.45 yuan/kg, Chongqing City 11.00 yuan/kg;

　　TodayThree-way crossbred pigsBrief review of pig price trends:

　　According to the “2026-10-28 – Pig prices (three-way crossbred pigs) average price increase/decrease table on Yangzhu.com,” pig prices continued to fall at the end of 10 month, and the market’s hoped-for “Golden September and Silver October” completely failed to materialize nationwideThree-way crossbred pigsThe average price has fallen to around 9.2 yuan per kilogram. Major producing regions such as Henan and Shandong were the first to fall below the 9-yuan threshold, while some areas in the Northeast have even approached 8.5 yuan. Only southern provinces such as Guangdong and Fujian are still barely holding above 10 yuan. This round of declines is not a short-term fluctuation, but the result of a sustained deterioration in supply and demand. On the supply side, corporate farms are releasing large volumes at the end of the month to boost shipments, and average slaughter weight has risen to around 124 kilograms. The market's circulating logic of “reducing sows but not pork” is now playing out: even though the number of breeding sows has been reduced somewhat, the animals previously held back and those from secondary fattening are still being released in volume. On the demand side, the post-holiday off-season continues. Slaughterhouse operating rates are only just over three tenths, fresh pork sales are sluggish, and high frozen-product inventory capacity utilization is further limiting the scope for a rebound in fresh pork prices. In the short term, pig prices are likely to bottom out at low levels within the range of 9.2 to 9.5 yuan per kilogram. In mid-to-late 11 month, the start of the southern curing season may bring a small seasonal rebound. However, with overall supply ample in the fourth quarter, the rebound will be limited. A genuine turning point in the cycle will have to wait until capacity reductions work their way from breeding-sow inventories through to market shipments. Most institutions have postponed the reversal window to the end of 2026 or even 2027.

　　(Note: This article was written bypig pricesand the pig price specifically refers to livepig prices, not pork prices in the consumer market,three-way crossbred,three-way crossbred pigs,local crossbred pigsThen it is a pig breed.)