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Livestock Sector Pulls Back as Hog Prices Return to the 10 Yuan Mark
On July 8, the livestock farming sector fell 2.23% during the session, with constituents such as New Hope, Giant Star Animal Husbandry, and Tianbang Food broadly declining. According to China Business News, hog prices have recently rebounded strongly, with the national average price of live hogs climbing from 9.47 yuan per kilogram on June 26 to 11.06 yuan per kilogram on July 6, crossing back above the 10 yuan threshold after four months. An announcement from Tianyu Bio showed that in June 2026 the company sold 62,400 live hogs, generating sales revenue of 51.7718 million yuan, a year-on-year increase of 38.12%. A research note from Huaan Securities pointed out that the hog industry continued to suffer deep losses in 2026, and as capacity regulation policies are gradually implemented, the pace of capacity reduction is expected to accelerate.