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October pig prices overall slightly stronger?

Release time:

2021-10-14


October pig prices overall slightly stronger?

 

Now the domestic pig price has ushered in a "five consecutive rise", and the average price of pig has risen to 5.42 yuan/jin. Although the market is still hovering in the range of losses, the market that has gone against the trend has also made farmers feel a little better. After all, the bullish sentiment in the market is still obvious, and today the purchase and storage of 30000 tons of pork is spreading out, and the market also has further expectations for pig prices!

 

 

With the five consecutive increases in pig prices in this round, pig prices in the north and south regions of China have also bottomed out one after another. Among them, in the northern market, pig prices generally rebounded to more than 10 yuan/kg. In the northeast and northwest regions of the low-priced areas, pig prices also gradually got rid of the "9-prefix" market. In the south, pig prices fluctuated and strengthened. Among them, the Sichuan-Chongqing market was stable at 11-11.4 yuan/kg, the average price rose to 9.55~10.2 yuan/kg. In Jiangsu, Zhejiang, Guangdong, Fujian and other places, pig prices have risen further, and pig prices in many places are about to rise by 12 yuan/kg! However, on the whole, in the domestic north-south market, the price of live pigs is generally maintained at around 10~12 yuan/kg, and the regional price difference is insufficient. There is still some pressure for slaughtering enterprises in the northeast market!

October pig prices overall slightly stronger?

Nowadays, the price of pigs is bottoming out and rising, which greatly eases the pressure on staged farmers! However, judging from the current performance of pig prices, there is still a certain distance from farmers getting rid of slaughter losses. According to the current calculation of 8.5 yuan/kg of live pigs, farmers are facing a gain of 1kg and a loss of more than 3 yuan. Therefore, for domestic farmers, they hope not only that pig prices are "red", but also that pig prices can "rise" and pig farming can return to the profit cycle!

Throughout October, the factors supporting the rise in pig prices are, on the one hand, the mood of farmers to hold back sales; on the other hand, the strength of the market pork consumption boost! In terms of market supply and demand performance, farmers have the enthusiasm to cherish the sale and pressure. After all, 30000 tons of pork are about to be purchased and stored. Now, the slaughter is losing money, and the pressure is also losing money. This has also intensified the enthusiasm of some farmers to cherish the sale. However, with the increase of farmers' pressure on the slaughter, the market continues to have a backlog of live pigs waiting for slaughter, and many farmers' funds are facing severe pressure, farmers still hidden concentrated out of the expected, superimposed, pig prices at the bottom of the shock, for most farmers, control production capacity, speed up the pace of inefficient three-way sow elimination is increasing, which may be to promote farmers concentrated out of the fuse!

Therefore, from the perspective of market supply and demand performance, the rise in pig prices does not have the basis for a sustained and sharp rebound. The trend of pig prices in October may show a steady rebound, and the overall pig prices may show a slightly stronger market.