Broiler prices have suffered a steep decline after the opening of the year, especially for the slow class of state chickens, which fell $0.82 compared with a week ago.
Urea prices also fell 20-70 yuan per ton across the board due to increased supply pressure.
Corn and peanut prices, however, are seeing an uptick and are promising to stay up.
Pig prices rebounded
By the end of the consumer downturn, farmers "stay pigs for the New Year" and other factors, pig prices after the New Year fell to as low as 14.25 yuan / kg, and then ushered in the rise of the market, but only a slight upward fluctuation, but the last two days of pig prices rebounded strongly, every day up more than 0.1 yuan! However, the last two days of strong rebound, every day rose more than 0.1 yuan, after rising adjustments to the current national average price of hogs has come to 14.79 yuan / kg.
Specifically, the pig price in each region, the southwest pig price rebounded to 6.8-7.5 yuan, the northeast pig price rose to 7-7.7 yuan, North China rose to 7.1-7.6 yuan, South China pig price rose to 7.1-7.7 yuan, Central China pig price rebounded to 7.1-7.6 yuan, and East China pig price rose to 7.3-8 yuan.
And the next hog prices are still rising logic: 1, after the decline in hog prices, the breeding end of the price selling sentiment is stronger.
2, before the residents hoarding pork at home compared to previous years to less, pork consumption recovery speed will be accelerated.
3, the epidemic stabilized, the catering industry and tourism recovery, pork demand increased.
4, before the large number of hogs slaughtered, a certain degree of overdraft after the number of hogs available for slaughter.
Only by the impact of pork consumption trough period, I am afraid the rise in pig prices will not be very large.
Broiler prices fell significantly
According to statistics, last week, the average price of fast large category of national chicken at 5.3-5.7 yuan / catty, medium-speed category of national chicken market at 6.76 yuan / catty, slow category of national chicken prices at 6.89 yuan / catty, compared with the previous, the price of a certain range of decline, especially the slow category of national chicken drop even reached 0.82 yuan / catty.
But the white-feathered broiler market is still ideal, has realized 11 days after the year after the continuous rise, the shed before the transaction price has risen to 4.81 yuan, an increase of 10.32%.
Stimulating the recent decline in broiler prices, I think there are mainly a few logic:
1, after the year, meat consumption trough period, chicken consumer demand overall weak.
2, pork prices fell with the decline in hog prices, part of the chicken consumer demand was seized.
3, the slow category of national chicken by the market is not ideal, the breeding end of the year before the enthusiasm is not high, part of the gross chicken was delayed until after the year out.
However, the overall broiler market, by the previous two years of broiler market downturn, the chicken industry deep losses, the current broiler production capacity fell significantly, broiler prices have a strong support.
Urea prices fell across the board
In the last few days, urea prices fell sharply, the overall decline reached 20-70 yuan / ton, Shandong region down 20-40 yuan / ton, Henan region down 20-50 yuan / ton, Hebei region down 30-70 yuan / ton, Anhui region down 20-40 yuan / ton, Shanxi region down 20-50 yuan / ton. Liaoning region down 20 yuan / ton, Heilongjiang region down 30 yuan / ton.
The decline in urea prices is mainly due to increased supply pressure, demand failed to follow the rise.
Supply, the previous parking enterprises have been restored, urea daily output back to more than 160,000 tons, while the demand side, by the impact of rising prices, agricultural fertilizer preparation enthusiasm is not high, compound fertilizer plant current inventory is relatively sufficient, and did not form a large single purchase.
Combined with the recent downward trend of international urea prices, as well as the decline in urea futures prices, urea prices are under pressure to decline.
Corn price increase warning
February 14, corn production area prices ushered in an upward adjustment, of which the offer of the deep processing enterprises in Shandong increased by 0.3-0.7 cents, the offer of enterprises in North China is mainly stable, and some enterprises rose by 0.5 cents, and prices in the northeast production area is mainly stable.
For the follow-up corn prices, I think there is hope for a short period of time to usher in a sustained upward trend, because by the impact of the previous price decline, corn prices were forced to fall into the 2,800 yuan / ton, the main body of the grain price willingness to be stronger, so that the circulation of corn in the market to reduce the amount.
However, in the medium and long term, corn prices are still under greater pressure, the supply side level, with the increase in temperature, the weather around the world is improving, the difficulty of the tide grain storage, farmers also have the demand for liquidation before the spring plowing, the lack of circulation in the market will be significantly better.
Demand-side level, the hog market is not ideal, the feed side of the demand is doubtful, and starch and other by-products of lower profits, deep processing corn demand performance is also general.
Price of peanut producing areas rose comprehensively
By the recent improvement in market demand, peanut producing areas prices rose comprehensively, Liaoning producing areas 308 general-purpose rice quotes 5.40-5.50 yuan / catty, Shandong producing areas peanut quotes 5.35-5.50 yuan / catty, Henan white sand general-purpose rice quotes 5.45-5.60 yuan / catty.
Peanut prices can turn from the previous downturn in the market to the rising market, there are three main logic:
1, 2022 peanut by the double impact of the planting area and the weather, the peanut yield decline.
2, by the impact of the previous decline in peanut prices, after the year the production area of peanut rice on the amount of shrinkage, superimposed on the oil mills have entered the market, the peanut supply and demand relationship has shifted.
3, imported peanut rice, port arrivals are limited, imported rice prices rose to drive the domestic production area prices.
But every year in March and April is the peanut food demand off-season, with the end of the oil mill stocking, peanut prices fear that there may be a pullback.
Peanut market to focus on the collection of consumption recovery and the arrival of imported rice.