On 2026 year 11 month 11 day (Wednesday), according to China Pig Farming Networkhog price systemmonitoring, the nationalthree-way crossbred hogaverage price was 8.66 yuan/kg, down 0.02 yuan/kg from yesterday (8.68 yuan/kg) and down 1.6 yuan/kg from last month (10.26 yuan/kg).

For other hog breeds, hogsDomestic ternary crossbred pigsThe average price is 9.38 yuan/kg, down 0.03 yuan/kg from yesterday (9.41 yuan/kg); live pigsLocal mixed-breed pigsThe average price is 8.86 yuan/kg, down 0.02 yuan/kg from yesterday (8.88 yuan/kg).

　　NationwideForeign ternary crossbred pigs、Domestic ternary crossbred pigs、Local crossbred pigsPrices showed a slight downward trend. See the analysis below for details on the price changes!
Peak-season demand falls short, hog prices consolidate at low levels! Northern stability and southern weakness continue — Illustration 1
2026 year 11 month 05 day-2026 year 11 month 11 day (7 days)Three-way crossbred pigsAverage price trend chart

　　Today, some provinces/municipalities/autonomous regionsThree-way crossbred pigs,domestic three-way crossbred pigs,local crossbred pigsAverage price:

　　1,foreign three-way crossbred pigsBy region: Shandong Province 8.83 yuan/kg, Shaanxi Province 8.32 yuan/kg, Hubei Province 8.27 yuan/kg, Shanxi Province 8.51 yuan/kg, Guangxi Zhuang Autonomous Region 8.57 yuan/kg, Liaoning Province 9.12 yuan/kg, Sichuan Province 8.42 yuan/kg;

　　2、Three-way crossbred pigsIn terms of: Zhejiang Province 10.64 yuan/kg, Shaanxi Province 9.60 yuan/kg, Hunan Province 9.05 yuan/kg, Shanxi Province 8.50 yuan/kg, Guangxi Zhuang Autonomous Region 10.30 yuan/kg, Heilongjiang Province 9.40 yuan/kg, Guizhou Province 10.20 yuan/kg;

　　3、Local crossbred pigsIn terms of: Anhui Province 9.00 yuan/kg, Ningxia Hui Autonomous Region 8.63 yuan/kg, Hubei Province 9.57 yuan/kg, Tianjin Municipality 10.60 yuan/kg, Hainan Province 9.00 yuan/kg, Liaoning Province 8.47 yuan/kg, Guizhou Province 10.10 yuan/kg;

　　TodayForeign three-way crossbred pigsBrief review of hog price trends:

　　National hogpricescontinued to trade weakly at low levels, with the overall pattern showing “stability in the north and weakness in the south; mostly stable, with minor fluctuations.” In some areas of Northeast and North China, prices stabilized slightly, supported by producers’ reluctance to accept lower prices. Central China and Southwest China continued to weaken, with local markets under pressure in line with the national trend. Differences between regions reflect the complexity of the current supply-and-demand dynamics. Supply-side pressure remains the dominant factor. Large-scale farms showed no clear slowdown in the pace of marketings. Heavy hogs held back earlier and hogs from secondary fattening were released in concentrated volumes; average marketing weight remained high, and overall market supply was ample. Demand recovery, meanwhile, was limited. After the Start of Winter, fresh meat consumption picked up only marginally. Cured-meat preparation in the south had not yet started on a large scale, pork carcass sales were slow, and slaughterhouses generally produced according to sales and pressed purchase prices, further limiting the potential for prices to rise. In the short term, hog prices lack a driver for a substantial rise and are expected to remain near the bottom, fluctuating and adjusting. A genuine turning point will depend on the pace at which cured-meat stocking picks up in the latter part of the month and the progress of frozen-product destocking. Even if prices rebound, this is more likely to be a temporary recovery than a trend reversal.

　　(Note: In this article, hogpricesand hog prices specifically refer to live hogprices, not the pork prices in the consumer market,three-way crossbred pigs,internal three-way crossbred pigs,local crossbred pigsrefer to pig breeds.)