Pig prices drop about 2 yuan per kilogram

The price of live pigs has finally come down.

On the 16th, industry insiders told the reporter of the “First Financial Daily” that the recent supply of live pigs suddenly increased. The price of live pigs has dropped to around 18 yuan per kilogram, and the drop of about 2 yuan per kilogram has occurred. Pig farmers have slaughtered each pig’s head every time. The time for making 700 yuan was temporarily over and it fell back to about 500 yuan per head.

This year, the price of live pigs soared, breaking the historic high of 20 yuan per kilogram, causing the profits of pig-breeding companies to soar. For example, from January to June this year, the prices of commercial pigs, commercial pigs, and dual-bred pigs sold by young eagles and animal husbandry (002477.SZ) rose by 39.4%, 48.8%, and 21.7%, respectively. From January to September, the net profit attributable to the shareholders of the listed company was 303 million to 318 million yuan, an increase of 310% to 330% over the same period of the previous year, which was far higher than the previously expected increase of 230% to 260%.

But before and after the National Day, the high pig prices showed a downward trend.

A market analyst explained that prior to the National Day, live pig prices were more than 20 yuan per kilogram, and now it has dropped to around 18 yuan, mainly due to changes in the summer and autumn seasons. It is the season of pig respiratory diseases, and the incidence of live pigs in some areas caused other diseases. Farmers panicked and rushed to release slaughter pigs in advance, resulting in increased market supply and lower hog prices.

Yu Liming, Director of Baishi Pig Farm of Zhongshan Foods Import & Export Co., Ltd. of Guangdong Province, told reporters that the supply of live pigs in the market has recently been enlarged. The price of live pigs has fallen by about 1 yuan per catty, and pig prices in Guangdong are generally around 9.3 yuan per catty. Regional pig prices fell to 8.8 yuan per catty. The drop in hog prices led to shrinking profitability of pigs. At present, the net profit per pig is only 300 to 500 yuan. When the hog prices are high, slaughter pigs reach 600 to 700 yuan.

According to the monitoring data of the China Academy of Information Technology (Beijing) Institute of Modern Agriculture and Animal Husbandry Information Technology, as of October 14th, the number of pigs produced by the self-producing slaughterhouse was 569 yuan, and the profit per head was about 700 yuan three months ago.

Yu Liming believes that the current number of nursery pigs does increase, but these nursery pigs should also be slaughtered for 2 to 3 months. The increase in the amount of supply in the early period will not continue, and there is little possibility that the hog prices will plung.

Feng Yonghui, chief expert of the China Academy of Modern Science (Beijing) Institute of Modern Agriculture and Animal Husbandry Information Technology, said that at present, the supply capacity of live pigs has not yet substantially improved, especially after the massive slaughter of the Mid-Autumn Festival and National Day, the actual amount available for slaughter The lack of live pigs, combined with the approaching demand season, will provide strong support for the price of pigs.

According to the monitoring data of the Ministry of Commerce, pork supply was sufficient and prices remained stable. From October 3 to September 9, the wholesale price of pork was basically the same as the previous week. The prices of pork in Kunming, Hohhot, and Hangzhou dropped by 3.7%, 1.8%, and 1.6%, respectively. Pork prices in Shanghai, Lanzhou, and Xi’an increased by 4.4%, 3.6%, respectively. 1.2%.