Pig-to-grain price ratio rises, beef and mutton prices continue to fall, what about raw milk prices?
According to fixed-point monitoring of livestock product and feed prices at 480 rural fair markets nationwide, in May 2015 pig products and corn prices rose, while other major livestock products and feed prices mainly fell. Based on the rural fair market monitoring caliber, the May pig-to-grain price ratio was 5.66:1, up 0.37 points from April.
Pig product prices continued to rebound
The national average price of live pigs in May was 13.92 yuan per kg, up 7.8% from April (month-on-month, the same below) and up 8.8% from the same period last year (year-on-year, the same below). Live pig prices rose across all 30 provinces, autonomous regions and municipalities nationwide. Among them, the Northeast region had the largest increase, with an average rise of 10.8%; the Southwest region had the smallest increase, with an average rise of 4.3%. In terms of price level, the South China region had the highest average live pig price, at 14.23 yuan per kg; the North China region had the lowest, at 13.69 yuan per kg. The average price of pork in May was 22.33 yuan per kg, up 3.7% month-on-month and up 7.0% year-on-year. Except for Xinjiang, all other regions saw increases to varying degrees. Among them, the Northeast region had the largest increase, at 7.3%; the Northwest region had the smallest increase, at 1.5%. In terms of price level, the Southwest region had the highest average pork price, at 23.05 yuan per kg; the Northeast region had the lowest, at 21.08 yuan per kg. The average price of piglets in May was 25.75 yuan per kg, up 11.6% month-on-month and up 12.0% year-on-year. All 30 provinces, autonomous regions and municipalities nationwide showed increases to varying degrees. Among them, the East China region had the largest increase, at 13.9%; the Southwest region had the smallest increase, at 6.9%. In terms of price level, the Northeast region had the highest average piglet price, at 30.36 yuan per kg; the Southwest region had the lowest, at 20.25 yuan per kg.
From the perspective of monthly price trends, live pig and pork prices rose for 2 consecutive months, with cumulative increases of 13.4% and 4.2% respectively; piglet prices rose for 3 consecutive months, with a cumulative increase of 34.0%. From the perspective of weekly price trends, pig product prices began to rebound comprehensively since early April; among them, live pig, pork and piglet prices have risen for 10, 9 and 15 consecutive weeks respectively, with cumulative increases of 17.1%, 6.6% and 38.6% respectively.
Prices of major poultry products fell for consecutive periods
The national average price of eggs in May was 9.28 yuan per kg, down 2.7% month-on-month and down 13.7% year-on-year. The average price of eggs in 10 major laying hen producing provinces including Hebei and Liaoning was 7.45 yuan per kg, down 2.6% month-on-month and down 26.7% year-on-year. Except for Heilongjiang, all other provinces saw declines to varying degrees. Among them, the Northwest region had the largest decline, at 3.7%; the Northeast region had the smallest decline, at 0.7%. In terms of price level, the South China region had the highest average egg price, at 12.65 yuan per kg; the Northeast region had the lowest, at 7.49 yuan per kg. The average price of live chickens in May was 18.26 yuan per kg, down 1.1% month-on-month and up 3.5% year-on-year. Heilongjiang, Jiangsu, Fujian, Hunan, Guangxi, Hainan, Shaanxi and Qinghai rose, while other regions fell. Among them, the North China region had the largest decline, at 2.1%; the South China region rose slightly, at 0.2%. In terms of price level, the South China region had the highest average live chicken price, at 25.86 yuan per kg; the North China region had the lowest, at 11.93 yuan per kg. The average price of dressed chicken in May was 18.56 yuan per kg, down 0.9% month-on-month and up 3.5% year-on-year. Heilongjiang, Shanghai, Jiangsu, Fujian, Guangxi, Hainan, Chongqing and Shaanxi rose, Hunan was flat, and other regions fell. Among them, the Northwest region had the largest decline, at 1.8%; the South China region rose slightly, at 0.3%. In terms of price level, the South China region had the highest average dressed chicken price, at 29.92 yuan per kg; the Northeast region had the lowest, at 13.97 yuan per kg. The average price of commercial layer chicks in May was 3.14 yuan per bird, down 2.2% month-on-month and down 2.8% year-on-year; the average price of commercial broiler chicks in May was 2.51 yuan per bird, down 8.1% month-on-month and down 12.8% year-on-year.
From the perspective of monthly price trends, egg prices fell for 8 consecutive months, with a cumulative decline of 23.9%. Live chicken and dressed chicken prices have both fallen for 3 consecutive months, with cumulative declines of 4.9% and 3.7% respectively. From the perspective of weekly price trends, egg and live chicken prices fell for 14 and 13 consecutive weeks respectively; dressed chicken prices have generally shown a declining trend since the 4th week of February.
Beef and mutton prices continued their downward trend
The national average price of beef in May was 62.61 yuan per kg, down 0.7% month-on-month and up 0.1% year-on-year. The average price of beef in major producing provinces such as Hebei, Liaoning, Jilin, Shandong and Henan was 56.63 yuan per kg, down 0.4% month-on-month and down 1.3% year-on-year; the average price in provinces such as Shanghai, Zhejiang, Fujian, Guangdong and Jiangsu was 73.08 yuan per kg, down 0.8% month-on-month and up 0.5% year-on-year. The average price of mutton in May was 61.18 yuan per kg, down 1.8% month-on-month and down 5.7% year-on-year. The average price of mutton in major producing areas such as Hebei, Inner Mongolia, Shandong, Henan and Xinjiang was 55.17 yuan per kg, down 2.1% month-on-month and down 10.6% year-on-year; the average price of mutton in areas such as Shanghai, Zhejiang, Fujian, Jiangxi and Guangdong was 70.77 yuan per kg, down 0.9% month-on-month and down 0.5% year-on-year.
From the perspective of monthly price trends, beef and mutton prices both fell for 3 consecutive months, the same trend as the same period last year. From the perspective of weekly price trends, beef prices rebounded slightly in the last week of May after falling for 13 consecutive weeks; mutton prices have fallen slightly for 14 consecutive weeks, with a cumulative decline of 7.0%.
Raw milk prices continued to fall
The average price of raw milk in 10 major producing areas such as Inner Mongolia and Heilongjiang in May was 3.40 yuan per kg, flat month-on-month and down 18.3% year-on-year. In terms of price level, Shanxi had a relatively high raw milk price, at 3.92 yuan per kg; Shaanxi had a relatively low raw milk price, at 2.90 yuan per kg.
From the perspective of monthly price trends, raw milk prices showed signs of stabilizing after falling for 14 consecutive months.
Corn prices continued to rise slowly, while prices of other feed products mainly fell
The national average price of corn in May was 2.46 yuan per kg, up 0.8% month-on-month and up 2.1% year-on-year. The average price of corn in the three northeastern provinces, the main producing areas, was 2.31 yuan per kg, up 1.3% month-on-month; the price in Guangdong, a major sales province, was 2.68 yuan per kg, up 1.1% month-on-month. The national average price of soybean meal in May was 3.47 yuan per kg, down 2.0% month-on-month and down 16.0% year-on-year. The average prices of compound feed for fattening pigs, broilers and laying hens were 3.27 yuan, 3.35 yuan and 3.07 yuan per kg respectively, all down 0.3% month-on-month, and down 1.2%, 1.5% and 1.6% year-on-year respectively.
From the perspective of monthly price trends, corn prices rose slightly for 3 consecutive months after falling for 5 consecutive months, with a cumulative increase of 2.1%. Soybean meal prices fell for 11 consecutive months, with a cumulative decline of 16.8%.