Wens Foodstuff told investors at a roadshow that China hog prices have been depressed for an extended period. The company said industry and market participants disagree on the timing and magnitude of a cyclical reversal but preliminarily expects prices to reach a consolidation turning point around the Spring Festival. The industry broadly sees a high probability of returning to profitability in 2027; profit levels will depend on hog price trends in this year’s Q3–Q4 and the pace of industry capa

Wens Foodstuff told investors at a roadshow that China hog prices have been depressed for an extended period. The company said industry and market participants disagree on the timing and magnitude of a cyclical reversal but preliminarily expects prices to reach a consolidation turning point around the Spring Festival. The industry broadly sees a high probability of returning to profitability in 2027; profit levels will depend on hog price trends in this year’s Q3–Q4 and the pace of industry capacity reduction.