Affected by declining hog prices, 15 listed hog companies in China are collectively forecasting losses exceeding 15 billion yuan (approximately 9.032 billion ringgit) for the first half of the year.
Statistics from Chinese financial media Yicai show that the combined forecast loss range for the 15 listed hog companies in the first half of 2026 is between 15.089 billion and 17.859 billion yuan (about 9.085 to 10.753 billion ringgit). Many companies stated in their performance forecasts that the main reason for the losses is a substantial year-on-year drop in hog sales prices.
Weak domestic consumption in China, compounded by higher feed costs driven by Middle East conflicts, have put further pressure on pork prices in China, worsening the losses faced by pig farmers.
According to the latest monitoring data from China’s Ministry of Agriculture and Rural Affairs in mid-July 2026, the average wholesale market price of pork nationwide is 15.83 yuan per kilogram (approximately 9.53 ringgit).