"After the recent volatility, pork gains have basically been established."
The market monitoring data showed that on December 7, the price of pork at the new market (white pig) was 20.40 yuan/kg, which was 2.2 yuan/kg higher than November 28, an increase of 12.1%. The monitoring data of Xinhua News Agency's national agricultural and sideline products and agricultural materials price system also showed that last week (November 28 to December 4) the national average price of live hog acquisition weeks continued to shrink, and prices in some provinces, districts, and cities stopped falling.
At the same time, the price of hogs that fell for 3 consecutive months began to rebound moderately recently. A person in charge of a slaughter company in Zibo, Shandong, said yesterday that the city's live pig purchase price has risen for the first time in three months, rising from 8.2 yuan/kg at the end of November to about 8.4 yuan/kg. According to the monitoring of China Live Hog Warning Network, the average price of pigs raised in the country rebounded slightly to 16.36 yuan/kg on December 6th, up 0.2 yuan/kg from last Friday (December 2). Hubei, Jiangxi, Guangdong, and Sichuan in the south Such gains are more pronounced in other places.
“As the nationwide cooling, the demand for pork will further increase, and the probability of a stable increase in the price of pork will increase, but it will not exceed the previous high point. The price trend after the Spring Festival depends on the cost and the amount of imported pork during the Spring Festival.†Sichuan Provincial Animal Husbandry and Food Bureau Information Center said.
“Only the arrival of the peak demand season will drive the pig price to stop rebounding.†Feng Yonghui, chief consultant of China Live Swine Warning Network, told the “Daily Economic News†reporter that as the weather gets colder, it enters into the traditional bacon cycle of the south, pork demand. Will tighten further.
Liu Tong, director of the statistics department of Beijing's Xinfadi Agricultural Products Wholesale Market, believes that after the price of pork has been adjusted at the bottom of more than one month, it is unlikely that the price will continue to fall because at the end of November, the price of pigs in most parts of the country Stabilization and signs of a slight recovery, so the meat price in December will slowly rise with the arrival of the peak season of sales, this situation may continue until the Spring Festival.
Feng Yonghui believes that the pig price is determined by the cost and the gap between supply and demand. Recently, the prices of feed ingredients such as Corn and soybean meal have continued to fall, which has reduced the cost line. Therefore, even if the absolute price of the pig price does not reach the previous high point, the average profit of self-professional pigs is It is still expected to approach 600 yuan/head.
The market monitoring data showed that on December 7, the price of pork at the new market (white pig) was 20.40 yuan/kg, which was 2.2 yuan/kg higher than November 28, an increase of 12.1%. The monitoring data of Xinhua News Agency's national agricultural and sideline products and agricultural materials price system also showed that last week (November 28 to December 4) the national average price of live hog acquisition weeks continued to shrink, and prices in some provinces, districts, and cities stopped falling.
At the same time, the price of hogs that fell for 3 consecutive months began to rebound moderately recently. A person in charge of a slaughter company in Zibo, Shandong, said yesterday that the city's live pig purchase price has risen for the first time in three months, rising from 8.2 yuan/kg at the end of November to about 8.4 yuan/kg. According to the monitoring of China Live Hog Warning Network, the average price of pigs raised in the country rebounded slightly to 16.36 yuan/kg on December 6th, up 0.2 yuan/kg from last Friday (December 2). Hubei, Jiangxi, Guangdong, and Sichuan in the south Such gains are more pronounced in other places.
“As the nationwide cooling, the demand for pork will further increase, and the probability of a stable increase in the price of pork will increase, but it will not exceed the previous high point. The price trend after the Spring Festival depends on the cost and the amount of imported pork during the Spring Festival.†Sichuan Provincial Animal Husbandry and Food Bureau Information Center said.
“Only the arrival of the peak demand season will drive the pig price to stop rebounding.†Feng Yonghui, chief consultant of China Live Swine Warning Network, told the “Daily Economic News†reporter that as the weather gets colder, it enters into the traditional bacon cycle of the south, pork demand. Will tighten further.
Liu Tong, director of the statistics department of Beijing's Xinfadi Agricultural Products Wholesale Market, believes that after the price of pork has been adjusted at the bottom of more than one month, it is unlikely that the price will continue to fall because at the end of November, the price of pigs in most parts of the country Stabilization and signs of a slight recovery, so the meat price in December will slowly rise with the arrival of the peak season of sales, this situation may continue until the Spring Festival.
Feng Yonghui believes that the pig price is determined by the cost and the gap between supply and demand. Recently, the prices of feed ingredients such as Corn and soybean meal have continued to fall, which has reduced the cost line. Therefore, even if the absolute price of the pig price does not reach the previous high point, the average profit of self-professional pigs is It is still expected to approach 600 yuan/head.
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