The price of hybrid pigs (three-way cross) held steady on June 24; what information does this reveal?
This data was collected and compiled by China Breeding Network (WeChat public account: chinabreed8)
Today the national average price of hybrid pigs (three-way cross) is 10.06 yuan/jin, and the price performance is relatively stable. Among them, Heilongjiang Province is at 10.22 yuan/jin and Chongqing Municipality is at 10.15 yuan/jin; prices in these two places are flat compared with yesterday, and their price performance is also relatively stable. It can be seen that pig prices are gradually entering a stable channel, and the possibility of a big rise is not strong, but there is also no reason for them to continue falling, because the current market situation of a shortage of pigs is still continuing. This can be seen from the fact that pig prices have been rising and falling unpredictably in recent days and slaughterhouses have been unable to force prices down.
First, let us look at the price trend after the Dragon Boat Festival
This data was collected and compiled by China Breeding Network (WeChat public account: chinabreed8)
It can be seen from the chart that from the 9th to the 12th, that is, during the Dragon Boat Festival short holiday, pig prices were still at a high level. During this period, farmers took the opportunity to sell their pigs. Let us also think about the fact that the slaughter weight of live pigs now is 20--50 jin heavier than normal, which is what we call "niu zhu" (heavy pigs), and this invisibly increases the pork available for circulation in the market. Immediately afterwards, prices began to decline slightly. By the 17th--18th, pig prices showed a cliff-like drop, which was caused by farmers' increased panic, large-scale selling of live pigs, and slaughterhouses taking the opportunity to force prices down. Afterwards, prices rebounded slightly. At this time, the contest between slaughterhouses and farmers intensified. Farmers held back their pigs from the market, and slaughterhouses, unable to force prices down, could only raise prices slightly. Farmers took the opportunity to sell, resulting in the current situation of high-level price fluctuation. This also shows that prices will not continue to fall, nor will they rise sharply. China Breeding Network reminds the vast number of farmers not to hold back pigs from the market excessively, but to sell according to the actual situation, because feed prices such as corn and soybean meal are continuing to rise strongly, which invisibly increases breeding costs.
This data was collected and compiled by China Breeding Network (WeChat public account: chinabreed8)
Today, the price increase of hybrid pigs (three-way cross) compared with yesterday ranged from 0.01--0.24 yuan/jin. Among them, Yunnan Province had the largest price increase, rising from 10.24 yuan/jin yesterday to 10.48 yuan/jin today. Zhejiang Province's price rose by 0.22 yuan/jin, to 10.38 yuan/jin today. Fujian Province and ** rose by 0.05 yuan/jin and 0.04 yuan/jin respectively; Fujian Province's price rose to 10.12 yuan/jin, and **'s price rose to 9.89 yuan/jin. Shaanxi Province had the smallest price increase, rising from 9.68 yuan/jin yesterday to 9.69 yuan/jin today.
Today, the price decrease of hybrid pigs (three-way cross) compared with yesterday ranged from 0.01--0.10 yuan/jin. Among them, Beijing Municipality had the largest price decline, falling from 9.99 yuan/jin yesterday to 9.89 yuan/jin today. Tianjin Municipality, Shandong Province and Henan Province all fell by 0.09 yuan/jin; Tianjin Municipality's price fell to 9.88 yuan/jin, Shandong Province's price fell to 9.84 yuan/jin, and Henan Province's price fell to 9.69 yuan/jin. Hubei Province and Hebei Province fell by 0.08 yuan/jin and 0.07 yuan/jin respectively; Hubei Province's price fell to 9.78 yuan/jin, and Hebei Province's price fell to 9.78 yuan/jin. Guangdong Province and Gansu Province both fell by 0.01 yuan/jin; Guangdong Province's price fell to 10.48 yuan/jin, and Gansu Province's price fell to 10.00 yuan/jin.
This data was collected and compiled by China Breeding Network (WeChat public account: chinabreed8)
Today both the ranges of price increases and price decreases are very small, which shows that prices have entered a stable period. China Breeding Network reminds the vast number of farmers to sell along with the trend and at the same time to do a good job in cooling pig houses and preventing pig diseases.
Note: The prices in this article all refer to the purchase prices at which slaughterhouses buy hybrid pigs (three-way cross).
This article is an original article by China Breeding Network; please indicate the source when reprinting!
Editor: Liang Zeyu, market conditions observer of China Breeding Network